Mobile Banking Security Tips

Mobile Banking Security Essentials

Here are some basic tips you can follow to secure your mobile devices

• Use a password or other security feature to lock your phone. Create a strong password by choosing combinations of upper- and lower-case letters, numbers, and symbols. Avoid using dictionary words, birthdays, addresses, or combinations that would be easy for a hacker to guess. Don’t use the same password for multiple accounts. A strong password greatly reduces the likelihood that a thief can access your account.
• Log out completely after finishing your mobile banking. If someone gains wrongful access to your phone, this prevents your information from being readily accessible by requiring your password.
• Install mobile security software or apps. Using anti-malware software from reputable vendors helps protect against hackers and exploits.
• Avoid apps that may contain malware. Buy or download from well-known app stores such as those established by your phone manufacturer or cellular service provider.
• Keep your device’s operating system and apps updated. Many mobile devices have the option to receive automatic updates, ensuring that you have the latest fixes for security weaknesses as they are discovered.
• Be cautious about sharing your information. First Federal will never ask for your password. Be wary about providing account numbers or other personal information to third parties, and ensure you are dealing with legitimate entities.
• Regularly check your account for signs of fraud. Mobile banking makes it very easy to check your account balance and transaction history. Periodically check your accounts for any errors or fraudulent transactions, since the sooner you can detect a problem, the easier it is to fix.