Mobile banking applications| Complete Security

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                       Mobile banking applications

   

mobile banking application complete security



More than half of online banking transactions are carried out using a smartphone or tablet, most of the time via a mobile application offered by the client's financial institution. Mobile banking has a host of advantages, but also holds many dangers.


Here's how to use your mobile banking app safely:

Protect your mobile device with our “5 Rules for Your Digital Security” . The security of your mobile banking operations depends above all on a healthy and secure Complete system.

Like all your apps, your mobile banking app must be downloaded from an official store.

Install only the apps you really need, and uninstall any or all you don't use.

Limit the access rights of all your applications to the strict minimum.

When on the move, make sure you always connect your device to a reliable network.

In case of loss, lock your device immediately. If you want to resell or dispose of it, be sure to reset your device before disposing of it.

Risks and Benefits of Online Banking Applications

Smartphones and tablets are (small) computers and therefore present the same risks: loss or theft of data, malware attacks, unauthorized access etc. Their mobile nature also exposes them to other dangers, such as loss or theft.


In return, they offer all the advantages linked to mobility and their reduced size. But the use of a mobile banking application has another significant advantage: unlike classic e-banking via browser, the client of the financial institute has a program specially designed and therefore duly secured for management. digital banking.


Their use therefore discharge the user aware of the security risks of a number of tedious tasks such as manual entry of the address of the bank in the browser and check the secure connection. Unlike the browser , the application automatically executes these mobile banking operations in the background, minimizing the dangers posed by typos or phishing - assuming the user is in fact stick to some rules basic.


Use a mobile banking app safely

Provide basic protection

The first step is to minimize the risks associated with the use of a mobile device. So start by applying our “5 rules for your digital security” for your mobile devices too . In particular, make sure that the automatic screen lock is activated (access code, password , fingerprint or facial recognition).


Vigilance is all the more necessary when it comes to smartphones and tablets. In particular, you should never leave your device unattended. Also, make sure that you do not share your PIN codes, one-time codes and passwords with anyone, type them out of sight and always hide them when entering. Be careful when opening emails, attachments, messages received via messaging services (such as WhatsApp), or MMS. Be aware that malware can also be transmitted via MMS or WhatsApp. Never click on unknown links and immediately delete messages from unknown senders. Check the numbers you do not know before calling them back.


Check the origin of the application

Only install the apps you really need and make sure they come from trusted sources, ie official stores (eg Apple App Store or Google Play Store).


Beware of apps with a low reputation score or anonymous recommendations. Find out before installing an app if you don't know the provider.


Check from time to time which apps you actually use, and uninstall obsolete apps and ones you no longer need - any superfluous apps are a potential security breach.


If your application for mobile banking gives you error messages or works in unusual ways, notify immediately your financial institution .


Limit access rights

Many apps grant unrestricted access rights for no apparent reason. The applications do not all require access, for example, to the geographical position, the contacts directory or the phone status. When granting this or that access right, consider whether it is really necessary for the operation of the application and deactivate all superfluous rights.


Check the mobile network operator

Your smartphone or tablet can establish a connection with your financial institution or other device in different ways. When you are on the move, your device connects to different wifi networks to access the Internet. For your part, it is important to check their reliability: the less credible providers of "free" wifi networks are indeed likely to divert the flow of data exchanged by your banking application to a fake server to steal your connection credentials.


Finally, note that there is a firewall application for Android devices used to monitor and secure active connections. The problem does not arise for devices running iOS (iPhone / iPad) as they do not provide for this possibility.


Adequately handle cases of loss, resale and disposal

In the event that your smartphone or tablet falls into the wrong hands, all of your data or login credentials are at risk of being stolen and misused.


Different applications allow you to remotely lock lost or stolen devices and delete the data stored there so that it is no longer accessible. Once your device has been locked, you should contact your mobile phone operator to deactivate your SIM card.


If you don't want your data to end up in the wrong hands after you sell or throw away your device, make sure it has been irreversibly deleted. To find out how to do this, you can for example consult the website of Apple or SRF . Also, don't forget to remove the SIM card and destroy it if you no longer want to use it.


By “Mobile Banking” we mean the execution of banking transactions by means of mobile devices such as smartphones or tablets.


The customer can access the e-banking services through its browser or mobile, as is more often the case, through mobile applications dedicated.


 

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