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Tech shy mommies beware of mobile banking dangers

It would not be wrong if we say that today, the proportion of mobile users who sometimes use their device for banking is more than 50 percent.

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Sanghamitra Kar
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BANGALORE, INDIA: Mothers no more use their spare time playing candy crush.

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It would not be wrong if we say that today, the proportion of mobile users who sometimes use their device for banking is more than 50 percent. The proportion of IT users who are dependent on their mobile / Smartphones is way beyond this.

eScan,  alerts of the rise in security concerns due to its constantly increasing usage. The affected users can easily lose their login details or even credit card details to a cyber-criminal. It would be fair to say that mobile banking apps do come with the highest level of security. However, the chances of giving away login details of users can only be possible if the user's mobile device is already infected or if they have accidentally installed a malicious banking app.

If the user was already infected by a third-party app, which is considered to be the largest source of malware, the chances of running malware in the background are considerably high. This malware, which is already present in the mobile can easily collect information about the Smartphone, steal SMS messages about banking information and even steal login details of user's online banking accounts. It is, therefore important to install safe / legitimate third party apps.

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Android OS, the most commonly used OS for mobile devices, does come with an option to allow the company to check for malicious third party apps.

There are three simple ways to check if an app is legitimate or not. eScan suggests to;

Read the description and know what you are installing. Do not just install anything and everything.

Scroll down to the Developer section. The 'Visit Webpage' column should have the official webpage of the company.

Happy Mother's Day!!!

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