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2% of mobile phone users feel that banking apps leave personal information in some way unsafe. This doesn’t appear to actually stop them from using the convenient, snap and post check depositing services that most offer. Amit Ashbel, a cybersecurity expert, in the article, From download to deposit, mobile banking only as safe as your app, identifies the following safety practices as integral to a secure network.
–Solid password policies for apps.
–Out-of-band authentication.
–Tiered authentication.
–Limited log-in attempts.
–Proper error handling.
He also advises users to read all the fine print. Next time you need to make a deposit, take a moment to see if your app is up to these security standards.
