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How to prevent fraud over mobile banking-_2935

Started by 43k19i85, December 20, 2010, 07:11:22 AM

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43k19i85

How to prevent fraud over mobile banking?
When mobility is the keyword, why banks should lag behind? To cope with the widespread fundas of flexibility and mobility,You are not allowed to view links. Register or Login, the banks also aced up their sleeves to offer the same to their customers.
With the digitalization of every thing and technology being so prominent in our lives,You are not allowed to view links. Register or Login, banks went online. Internet banking revolutionized the way banking was done traditionally. It brought banks to our desktops. As per the sources, mobile users have surpassed the number of Internet users. So banks needed a lucrative technology to target these users. The call of the time is to present themselves as more user friendly and oriented to serve them how and when required. The banks came with the option of mobile banking. The mobile brought the Internet to our pockets.
Mobile banking is getting wider acceptance and people are really hooked to the ease and convenience. But it has its own share of risks. Nothing comes so easy and so this technology has its own safety threats linked to it. It is very important to be aware of safety tips while you are using this medium for financial transactions.
The tips listed in this article can help you to secure yourself from being a victim of mobile banking fraud:
The very first handy tip that can help you to get rid of e-fraud is never to disclose your PIN or password or any other security information. It is also advisable that you never write it down on front of someone. Mostly all mobile phones come with the option of setting up once the PIN and password or other security information. It is cumbersome in beginning but it can help you in long run if security is the main concern. This configuration once done will not allow anyone to use your phone without your knowledge or permission. So,You are not allowed to view links. Register or Login, it can not be used for any illegal activities or frauds impersonating you.
Never follow any activity that makes your phone vulnerable to viruses and a soft site for hackers or fraudsters to hog on. Never click any site or URL till you are not confident. Make it a habit to delete all the chain messages or the unwanted messages.
Do not download any software, may be your phone gets infected and a profitable site for fraudster to steal some information that can help them to rob you off. Be smart and learn for spyware. Never disclose any private information to the unauthenticated or the doubted sources.
Integrate your phone with the latest updates. The installation of software updates can secure your mobile and the sensitive information transmitted or stored. The software updates should be installed regularly.
Always make it a point to clear the browsing history or cache.
These small tips can help you to avoid frauds with your account and can make your mobile banking a friendly experience.                                                 
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