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According to Identity Guard, your banking app offers hackers three access points to your most private and sensitive information — on your device, during data transfer and at your bank’s server.
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Banks have made great advances in financial cybersecurity, but there are still plenty of ways you can chip in to keep your most critical data as safe as possible when banking online. Here are some tips.
Practice Basic Data Defense
The fundamentals of safe mobile banking are not unique to the financial industry. The FTC advises that you’ll give hackers a harder time if you lock your phone, back up your data and keep your software up to date on both your devices and apps. This applies to mobile banking and all other mobile activities.
Start by choosing strong passwords that you don’t recycle across platforms, guard your personal information closely and make sure you download the…
