Sadly, one look at the latest news will tell you that cyber criminality is showing no signs of slowing down. In fact, as technology-based innovation continues to take over, online criminals have been able to up the ante and learn some new methods of attack for themselves. These attacks can even occur to someone through a banking app, a service many of us use that apparently offers tight security.
Recently, in London, a thief hogged the headlines after stealing money from gym-goers who’d left their belongings in the changing room lockers. The thief in question managed to beat not only facial recognition technology, but also banking app passwords. This type of crime is occurring at a alarming rate, therefore leading to more and more of us adding an additional layer of security to our banking apps.
Of course, not all areas of online banking are necessarily a concern here, but some banking apps appear to have been compromised in recent times. There are certainly secure options, though. For example, licensed online casinos with secure online banking, such as Europa Casino and 22 Bet Casino, are extremely safe, given the high-end encryption that casino sites typically use. As a result, there has never been a hack of a major casino reported in the media.
Thankfully, there are a number of things we can do to secure our smartphone devices and the banking apps we all use on a regular basis, too. So, without further ado, let’s look at some effective ways you can boost the security of your online banking.
Always keep your cards separate from your smartphone
Although many people keep their phones and cards together through some sort of wallet-like contraption, it’s one of the worst things you can possibly do. Should a thief manage to find the bundle of cards and the smartphone device in question, they can register the stolen card on their smartphone device through the banking app you use and follow numerous steps to gain control of your bank account, such as by entering a verification code. It’s alarmingly easy and it all comes from both the cards and a smartphone device being kept together.
Protect your device
One of the main reasons why many smartphones come under attack is due to a lack of antivirus security and a failure from the user to update the phone when required. In the same way we wouldn’t leave a car unlocked, we shouldn’t forget to secure our devices either. Always make sure the operating system on your phone is up to date. Additionally, installing a mobile antivirus app is a great option. Also, avoid downloading untrusted apps that could lead to malware attacks.
A strong password and pin is key
Despite we humans having to have a number of passwords for various online accounts in today’s world, it’s important we keep on top of it. The same applies to our online banking, with mixed passwords for all important accounts being recommended. After all, if you use the same password for all of your accounts, then a hacker will have an easy job compromising all of them. You should consider using a password manager or simply adding a few special characters to your passwords to keep each of them unique and hard to crack. Make sure you avoid using a password that contains any personal information, too.
Avoid using public networks
Another common way banking apps and devices open themselves up to cyber criminals is when using a public network that might not be secure. It’s hugely important smartphone owners turn off Bluetooth, too. Also, always remember to log out of any accounts.