Martin Lewis, the founder of MoneySavingExpert.com, has issued urgent advice to anyone who uses their mobile phone for banking. He warns that cyber criminals are increasingly targeting mobile banking users and using sophisticated tactics to steal their personal information and money.
Lewis advises mobile banking users to take the following precautions:
1. Use strong, unique passwords for each of your banking accounts and enable two-factor authentication if available.
2. Be cautious of phishing emails and text messages that may appear to be from your bank. Do not click on any links or provide personal information unless you are certain of the sender’s identity.
3. Keep your mobile banking app up to date with the latest security patches and updates.
4. Avoid using public Wi-Fi networks for banking transactions, as they may not be secure.
5. Monitor your accounts regularly for any suspicious activity and report any unauthorized transactions to your bank immediately.
By following these tips, mobile banking users can help protect themselves from falling victim to cyber fraud and keep their personal and financial information safe.
The financial expert warned that scammers are using a new tactic called “number spoofing” to trick people into giving away their personal information. He advised people to never give out their full password or PIN over the phone, even if the caller seems legitimate. It’s always best to hang up and call your bank back using the number on the back of your card to verify the call. Stay safe and protect your personal information!
Martin Lewis, the founder of MoneySavingExpert.com, has issued urgent advice to anyone who uses their mobile phone for banking. He warns that cyber criminals are increasingly targeting mobile banking users and using sophisticated tactics to steal their personal information and money.
Lewis advises mobile banking users to take the following precautions:
1. Use strong, unique passwords for each of your banking accounts and enable two-factor authentication if available.
2. Be cautious of phishing emails and text messages that may appear to be from your bank. Do not click on any links or provide personal information unless you are certain of the sender’s identity.
3. Keep your mobile banking app up to date with the latest security patches and updates.
4. Avoid using public Wi-Fi networks for banking transactions, as they may not be secure.
5. Monitor your accounts regularly for any suspicious activity and report any unauthorized transactions to your bank immediately.
By following these tips, mobile banking users can help protect themselves from falling victim to cyber fraud and keep their personal and financial information safe.
https://www.independent.co.uk/tv/news/martin-lewis-phone-theft-banking-London-safety-tip-b2714961.html