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how much secure to use banking service on mobile

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The Myth of Mobile Insecurity:- Using any of these options on something you carry in your pocket--and might easily lose--may seem inherently insecure. Truth be told, any cell phone option is largely safe from malware, one of the biggest threats to online banking. The variety of mobile operating systems and other factors mean that, for the time being, there's no real risk of leaving your phone open to password-stealing baddies or malware. Largely for that reason, Tom Wills, a senior analyst for Javelin Strategy and Research, says that mobile banking can be safer than using online banking on a PC--as long as you've enabled the phone's available security features. Because your phone might someday end up in the backseat of a taxi without you, mobile precautions go beyond the ones you'd use on a PC. How to Practice Safe Mobile Banking:-- Using a PIN or a password to lock your phone is the first option, and it's a no-brainer--just knowing which bank you use can help a potential ID thief. Next are remote-wipe options that let you clear the contents of your phone if you should ever lose it. Wills says some banks offer the feature for their downloadable apps. You can remote-wipe BlackBerrys and iPhones (if you pay for the MobileMe service), too, and some programs such as Kaspersky Mobile Security offer the feature for phones running Symbian OS or Windows Mobile. And SMS messages, the least-secure option, can themselves provide some security support if you tell your bank to send you a text after large or potentially suspicious transactions (usually you can set up such alerts via online banking). Considering how much personal info most people keep in their e-mail accounts, losing your phone can be a security risk even if you don't use mobile banking. But the combination of power-on passwords and mobile safeguards from the banks can make cell phone banking just as safe as it is convenient.
Posted: 07-02-2012 @ 12:26:26
consumption of time
Posted: 22-05-2011 @ 17:29:17
consuption of time
Posted: 16-05-2011 @ 23:35:26
its nt secure in some cases as some times net speed decreases and pages get crash due to it become unsecure bt if u hav good mobile nd net into it its good
Posted: 16-05-2011 @ 14:51:38
In terms of system, it is 100 percent secure but it depends upon your privacy not to share your username and password to anyone
Posted: 14-05-2011 @ 22:09:04
consuption of time
Posted: 14-05-2011 @ 19:34:30
Mobile Banking service uses the same strong username and authentication requirements as the Online Banking system. In addition, a one-time password is required each time you login. Rest assured that your Mobile Banking transactions are secure. Our 128-bit SSL encryption technology safeguards Internet traffic for secure Web applications and protects your information as it travels from your mobile device to the bank
Posted: 13-05-2011 @ 23:47:30
128-bit SSL encription technology safegaurds Internet traffic for secur Web applications and protect your information asa it travels from your mobile device to the bank
Posted: 13-05-2011 @ 23:40:04
Banking transactions are secure. Our 128-bit SSL encryption technology safeguards Internet traffic for secure Web applications and protects your information as it travels from your mobile device to the bank.
Posted: 13-05-2011 @ 16:35:34
Depends on browser. If you use browsers like Opera Mobile , Bolt etc then its pretty secure as they use 128 bit SSL encryption method for logging you in to banking websites. But don't use browser like UC Browser , their data pass through insecure chinese servers.
Posted: 13-05-2011 @ 03:31:39
Mobile Banking service uses the same strong username and authentication requirements as the Online Banking system. In addition, a one-time password is required each time you login. Rest assured that your Mobile Banking transactions are secure. Our 128-bit SSL encryption technology safeguards Internet traffic for secure Web applications and protects your information as it travels from your mobile device to the bank.
Posted: 12-05-2011 @ 10:09:13