Mobile Banking: Your money, safe and sound.

Posted on August 20, 2021

Mobile banking gives you the power to bank from anywhere, but is your information really secure? It’s a question we hear a lot, and it’s easy to understand why. Cybercriminals are constantly upping their game, finding creative new ways to access confidential information. They’re equal opportunity thieves, targeting individuals, corporations, and even government entities. With so much at risk, you may be wondering if mobile banking is the right choice for you.

You might be surprised to learn that, according to an April 2021 article, mobile apps are still the most secure channel for internet banking and have an attack rate that’s ten times lower than banking through a browser. How is that possible?

End-to-End Security. We use security certificates with 256-bit encrypted communication. No personal or confidential information is stored.

Multifactor Authentication. Believe me, we know it’s frustrating when you’re asked to enter a code to log in. It’s frustrating to hackers, too. We use two separate pieces of information, one that you have and one that you know, to make sure it’s really you who’s logging in. If the system doesn’t recognize the computer or phone being used, it automatically asks to send a code to the phone number you provided at registration, stopping hackers in their tracks. The code will be sent to your phone, so it’s useless to anyone else.

Biometric Authentication. Whether you use an iPhone, Android phone, or tablet to do your banking, if your device supports fingerprint or face recognition, our mobile app does too.

Even the most secure systems aren’t bullet-proof. You may be surprised to learn that human error is the leading cause of cybersecurity breaches. Using weak, shared, or reused passwords, sharing account information, leaving phones and computers unlocked, using outdated operating systems, software, and virus protection…these are just a few of the mistakes we make that put us at risk for identity theft of all kinds. Remember, whether you bank in person, by phone, or online, when it comes to protecting your account, you are the first line of defense.