Mobile banking has revolutionized the way we manage our bank accounts. Internet banking did make our lives easier by letting us bank from the comfort of our desktops and laptops. But, mobile banking has tremendously increased this level of convenience. What took several hours to deposit an amount of money by standing in a queue, filling forms, etc., now takes a few taps on a mobile or tablet device. All thanks to the advent of mobile banking apps. But as convenient and easy this technology is, it has its own share of disadvantages; the biggest being online banking threats. And to tackle these threats, we have for you a quick list of 7 mobile banking security tips.
1. Always use official apps
The integrity or safety of a mobile app largely depends on its publisher. You might come across dozens of banking apps for your smartphone. But trust only the one that has been officially released by your bank. And the safest way to do this is by visiting your bank’s official website, and following their instructions on how to download the app.
2. Avoid using banking apps on public Wi-Fi
Unsecured public Wi-Fi networks are always a no-no for visiting sites where you must sign in with your credentials. The same goes for mobile banking apps. The information you pass over such free networks can be easily stolen or intercepted by a hacker. It is always advisable to use your cellular Internet data whenever you wish to use your app for any kind of banking activity.
3. Avoid links and attachments
Mobile banking might also mean visiting the mobile site of your bank. While doing so, never click links received in an SMS or email that claims to take you to your bank’s site. Access the site directly from your mobile browser. Also, never share any information about your bank over an email, SMS, or call.
4. Always Log Out
Remember to sign out or log out of your mobile banking or shopping app once you are done using it. Most banking apps automatically log you out after a fixed period of inactivity.
5. Never store banking information on your phone
It might be convenient for you to store your bank login ID and passwords on your mobile device, but it can spell disaster under certain circumstances. In the event of a phone loss or theft, all such data can get into the wrong hands and may inflict a damage on you which could be beyond repair.
6. Secure your Phone with a Password
If your phone gets lost or stolen, it might become your biggest liability if it is accessed by an unscrupulous person. All your information including the apps running on your phone (especially shopping apps), could be easily exploited by anyone who has no intention of returning the device to you. Hence, to avoid such dreadful situations, always keep your phone in the auto-lock mode. You may choose from options such as Pin, Password, Pattern or Face Recognition mode. Using a pin or a password is more recommended.
7. Use a reliable mobile security app
To conclude with an equally important mobile banking security tip, use a reliable mobile security app. Although the security app won’t add to the safety of your banking app, it will ensure that you do not land on fake or malicious websites designed to steal personal and banking information. Furthermore, the app will also block fake and malicious applications from getting installed on your device.
valuable guidance. Thanks
Interested in the blog.
thanks for the info.
i am of the age which thinks even internet banking is very hi-tech activity, and I can do it. 🙂
so far i have avoided mobile banking.
could you give safety tips for internet banking as well. thanks
You may find the following posts helpful:
bhai ye apps kese insttl karte hai muje website send kardo meri id par
If you are using an Android phone, then you can install apps from the Google Play store – https://play.google.com/store?hl=en
IMPORTANT GUIDANCE WHICH I CANT KNOW THANKU
Thanks of good tips
thanks for very valuable advices
Very useful information.
thank for this i use all except no-6
Thanks. All Of You.
your guidance are very helpful and we should apply that
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Thanks no comments
Very useful Tips
I love quicheal for most of thing..but one of most favourite thing is continious updates regarding various ongoing internet threats & tips to get rid from it..
Thanks quic heal and rajib for sharing usefull tips with us…
IT IS THE BEST INFORMETION FOR PUBLICE GUIDE.TOPMOST CAREFULLY MOBILE/NET BANKING SECTOR.
MY HOPE IN PUBLICE SITE THEY KNOR OR CHECK ACCOUNT AFTER TRANSETION.
NEVER GIVE YOUR PIN,PASSWORD,ATM NO.
POLICE PUBLICE PRESS
Thanks, Very useful information
awareness creating tips
Very useful tips indeed. Thanks
very HELPFULL tips THANKS
Thanks for ur suggestion.
Thanx this is amazing tips
Thanks for The great 7 tips
Very much instructive and informative which everybody must know and use in day-to-day life. Thanks a lot for increasing our horizon of knowledge.
Thanks for such important information
while browsing ever time a fake note appears that virus found say to download it but i refuses and erases history and private setting
is there any Internet security to block this malware websites.
Really I am sick with this…
Very useful information, and one should not avoid any of the suggested steps, thanks a lot dear
thankx with regards very useful trips good enggs.
thanks very useful tips good morning to everybody
Nice,advice…I recommend this advice to all mobile banking apps user….
If we are in public wifi and start private browsing even then there is chance of hacking?
Is there any Quick Heal anti-virus for Windows Phone?
Very usseful I alwas remember it
Thanks very much
Very valuable information, I really appreciate the guidance.
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Go for bettermed both the way.
Thank you very much.
Kamal kr kantha
keep reminding these valuable informatoin… thanks.
good advise of course, thanku
after purchase of quickheal mobile security app should be provided
Thank you for writing in. We would like to inform you that Quick Heal Mobile Security can be downloaded for free from Google Play – https://bit.ly/QHMS_Free
Thanks very so much this information take me
Thanks for valuable information
Thanks for valuable advice
Very valuable tips thanx
Good suggestions on Wi-Fi.
Dear Sir,I tried to download quick heal mobile security app on my phone several times.As was mentioned to owner’profile before installing.I could not understand about owner’profile.I searched in my phone and did not find it. I have micromax E455 model smartphone and os loaded with android lollipop.
Can you please help me out.Regards.
Thanks for writing in. Our support engineers would gladly help you with this issue. Please visit https://bit.ly/QHSupport and click ‘Chat with Us’. You can also raise a ticket at https://bit.ly/Askus and we will get back to you at the earliest.