Mobile Banking Safety

November 6, 2018

As mobile banking continues to exceed online users, it’s more important than ever for customers to use mobile banking safely. Convenience is the driving factor in the rise of mobile banking. It opens the doors to consumer choice and access to banking options. But, as mobile devices such as smartphones and iPads become more popular, hackers are finding savvy ways to steal information. Farmers State Bank urges consumers to be cautious when using mobile devices to do their banking. It’s important to take a common sense approach to mobile banking. Use caution on your phone just like you would a computer. If you’re careful, you can really enjoy mobile banking’s benefits safely and securely.

Here are some simple steps to follow now that can prevent a big headache later. FSB offers the following tips to protect your information:

  • Avoid storing sensitive information like passwords and social security numbers on your mobile device.  
  • Password protect your mobile device and lock it when you’re not using it.  
  • Be aware of your surroundings. Don’t type any sensitive information if others around you can see.  
  • Log out completely when you complete a mobile banking session.  
  • Protect your phone from viruses and malware just like you do for your computer by installing mobile security software.  
  • Download the updates for your phone and mobile apps.  
  • Use discretion when downloading apps.  
  • If you change your phone number or lose you mobile device, let your FSB know right away.  
  • Monitor your accounts regularly and report suspicious activity to FSB immediately.
This blog is intended to be an informational resource for readers. The views expressed on this blog are those of the bloggers, and not necessarily those of FSB. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. FSB does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog.