As consumers increasingly use their mobile
devices as wallets to do everything from paying for goods
and services to banking, it's vital to protect your
Follow these eight simple tips to protect your information
while using mobile wallet applications and services.
- Choose apps or services from
trusted sources. BEFORE you use
them, read the privacy policies
and terms and conditions to
ensure you agree with them.
- Use security features and
software from your device
manufacturer, carrier and/or app
providers. This includes remote
tracking, locking and erasing as
well as passwords and PINS to
prevent unauthorized access to
your mobile device and to your
mobile banking apps/services.
These should be difficult to guess,
changed periodically and never
- Choose a unique password that
only works with your mobile
wallet apps or services. Each
one should be unique so that a
cyberthief doesn't have access
to all of your accounts.
- Stay updated with your mobile
device software and apps
since these updates may
contain improved security and
- Keep your Personally Identifiable
Information (PII) such as name,
address or birth date and
credentials (e.g., login username)
private and secure.
- Only connect to knowingly
secure networks, such as your
carrier's network. Most free Wi-Fi
hotspots are unsecure, which
make you more vulnerable to
hackers and cyberthieves.
- Back up the information on your
mobile device to a PC or service
provider (e.g., cloud) in the
event it needs to be restored or
downloaded to a new device.
- In the event something goes
wrong, know who to contact so
you may stop any unauthorized
use or purchases ASAP.
Last Updated: May 2013