Secure Your Mobile Wallet

There are many mobile applications that allow you to carry out most of your personal finance transactions online and on-the-go.

To keep your financial data safe, keep these security tips in mind:

• Enable a passcode/password on your phone. This will ensure that no one else can simply pick up your phone and access your personal information.
• Enable the auto-lock feature on your phone. This will lock your phone after a certain period of inactivity. Use auto-lock with a password to make sure no one else can access your phone.
• Make sure your security software is up-to-date. When your network carrier sends you alerts that a security or operating system update is available, download it as soon as possible.
• Watch for fake texts or other messages telling you to go to a site or call in. Spam messages can open the door to malware, which software hackers use to disrupt computer operation, gather sensitive information, or gain access to private computer systems.
• Only install applications from trusted sources. Use Google Play Store or Apple App Store and avoid installing apps from unknown sources.
• Avoid public Wi-Fi. The information you send over public Wi-Fi can potentially be seen by others using the network — including hackers. Instead, use your mobile carrier’s network when accessing confidential information.
• Turn off Bluetooth and Wi-Fi when not in use. Leaving them on when you are out in public leaves your phone vulnerable to hackers. Only connect to trusted networks.

_{Source: cuna.org}