Banks for You!

I was just on the Joe Madison show on XM Radio 169 The Power, and promised to put up this link to a recent MSN column where I talked about the potential dangers of using your phone to bank. You can find the article here.

Some of my recommendations include:

• Password-protect your phone. If you have sensitive data stored on your phone, including passwords for accounts, this is a no-brainer step you should take whether or not you use your phone for banking.
• Install an app that lets you wipe your data remotely. If your smart phone is lost or stolen, you can trigger this app to destroy information before it falls into an identity thief’s hands.
• Install anti-malware software. Just as you should have anti-virus and anti-spyware protection on your computer, you need it for any phone that you use to browse the Web. But make sure you get security software from a reliable source. The last thing you need is to install an app that pretends to protect you but steals your data instead.

Similar Posts:

• Get The Facts On FACTA (Fair and Accurate Credit Transactions Act)
• The recent data breach highlights risks for debit card users
• Homeowners Insurance and Renters Insurance
• Time Warner stole my phone service
• Forewarned Is Forearmed: FSA Fines Zurich Insurance for Customer Data Breach