While mobile banking is no doubt convenient for customers – and banks – there’s a significant downside to the fact that more and more financial institutions are using the technology: an increased risk that your personal information will fall in the hands of a cyber criminal. [More]
safeguards
Risk Evaluation Report Finds Mobile Banking Leaves Some Banks More Vulnerable to Cyber Attacks
By 7.1.15
AT&T Wireless Customer? Turn Off Phone Purchasing Power To Prevent Unauthorized Charges
By 6.3.09
If you’re managing cellphones for a family or your parents, or let’s say hypothetically you have a boyfriend who says he reads Consumerist but really he doesn’t or else he would have known better, you’ll probably run into stupid subscription and content fees from time to time. You know how people are when it comes to fake “free” offers.
TransUnion Will Let You Freeze Your Credit Report
By 9.25.07
Beginning October 15th, credit reporting company TransUnion will let consumers freeze their credit reports, which means imposters will not be able to use your credit to do things like open new phone accounts or sign up for credit cards. While this is great news, the other two major credit reporters, Experian and Equifax, are so far not offering a similar feature, although they say they’re considering it.
