Mobile banking applications and ways to use with caution

errajesh (62)in #mobile • 6 years ago (edited)

Nowadays, mobile banking applications have increased the trend of mobile banking as well. They should be used with caution. If someone gets a Inking of personal information, then there can also be loss.

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Promotional SMS:
Nowadays promotional SMS has increased tremendously. These messages spreads attractive offers. After clicking on this, malware starts downloading in the mobile. This allows hackers to access personal banking information.

Solution: Banks have developed tools that monitor spam mail Google Admin and Life Hacker Tools Spain can detect mail.

Phone without lock:

If the phone is not locked and it is lost, hackers can know the information by visiting the mobile banking application.

Solution: How long will the bank not allow access to mobile banking, as long as the SMS and WiFi mobile phone numbers are not received from the request. Banks follow a safe standard request format.

Non-updating Banking App:

If there is a mobile app of a bank and you have not updated it from time to time, it can cause the malware to come in the virus. With this, information about mobile banking applications can go to someone else.

Solution: The bank uses filters to check blacklisted applications. If the exclusion has been blacklisted then the user will receive an error message and the app will be asked to update.

Use of WiFi:

If you use free public WiFi or shared wifi, you accept the malware application. It can access your mobile phone information.

Solution: Most banks have an IP address and domain name that they prepare and sell black and white lists. This does not expose the mobile app to an unknown domain.

Invalid software:

Key-binder is software technology that targets the file of the download content from an unknown website. After Key-binder comes into mobile, information related to mobile banking can be accessed.

Solution: Banks do not store insights on mobile phones. The information related to the bank is encrypted from the mobile phone to the bank.

Mobile Operating System:

Using mobile banking can be dangerous to use an old mobile operating system. Hackers can bite in here.

Solution: Bank monitors mobile app 24 hours a day. Special tools, people and applications are supported for this. Applications like Appsec for Ayurveda, which monitor mobile app. Banks use tools such as Dexgaurd and EnsureIT to encrypt piles. This allows hackers to decode information.

Weak password:

If you use the same password for mobile banking, which is used in all other applications, then such other password from malware can be stolen.

Solution: 6 digit password for mobile banking is very important. It is safer than 4 digit passwords. It is said that the account blocks are blocked when attempting more than 5 times.

Settings for other apps:

When you do pop up while downloading apps on your mobile phone, this allows someone to access the mobile banking details in your app. This type of setting can harm you.

Solution: Banks use apps that provide scores on operating system security updates and malware detection. Whether the application can decide to close the mobile app or send the score to Bank-End Systems for investigation.