The ability to check balances or deposit a check anywhere” should be transforming how we handle money. The problem is, many still don’t trust it.So if security is a concern when transacting in mobile sector, here are some actions to keep your financial info safe?
1. Start with strong passwords.
For the sake of memory and convenience, many of us default to passwords that are easy to remember, perhaps without writing them down. Instead, “Think of a sentence you can remember. Take the first letter from each of the words; substitute a symbol or number when you can. Then at each site, tack the first letter of the name of that site on to the beginning of your password and the last letter onto the end. So if your sentence is ‘I make the best peanut butter banana pie on the planet,’ your building block is Imtbpbbpotp. Swap out symbols and numbers and you have
2. Keep your passwords somewhere private.
Put your passwords somewhere secure but where you can remember them, or use a password keeper service
3. Watch your social network activity.
Millennial s are more at risk for identity fraud than older adults. “Why?” They live online—and care far less about privacy. So it’s a lot easier to gain access to the sorts of information we have personal responsibility, and so do the financial institutions.
Financial institutions should convey that consumers have control over their [financial] vulnerability, they need to make the case that mobile interactions are secure, and
Simultaneously demonstrate clear advantages of using the mobile platform.
Whether by mobile or traditional means, at Kelly Community we want to help consumers