Due to the popularity of mobile applications, we rely more and more on mobile devices, which could compromise our data's security and privacy. There are many of us who are unaware of the threat posed by mobile applications. Several major steps can be taken to prevent these threats. In this article, we will discuss the threats in detail and how we can avoid them.
Malware: Malware is malicious software that can damage your device, steal your personal data, or even take control of your device. Malware can be hidden in mobile applications and downloaded when you install the application from unknown sources / developers.
Phishing: These attacks trick you into providing sensitive information by masquerading as legitimate applications. Phishing attacks can be delivered through email, text message, or social media and are difficult to spot.
In the event that you accidentally or unknowingly install malware on your mobile device, or click on a phishing email or message related to an installed application, you can take the following steps to mitigate the damage:
Remove the malware: Use reputable anti-virus software to scan your device and remove any malware detected.
Change your passwords: If you had entered your password on a phishing website, you should immediately change your password for all affected accounts.
Enable two-factor authentication: Enable two-factor authentication for all your accounts to provide an extra layer of security.
Learn to identify potential phishing attempts: Learn how to recognise phishing emails / messages and avoid clicking on suspicious links or downloading attachments from unknown sources.
Keep your device and software up-to-date: Make sure your device and software are updated with the latest security patches to protect against known vulnerabilities.
Contact your financial institutions if in doubt: If you suspect that you might have entered your financial information / credentials unknowingly on a phishing site / application, immediately change your password and contact your respective financial institution for further assistance.
Disclaimer: The information in this page is intended for educational purpose and is general in nature. It should not be considered as legal, consulting, or any other professional advice. While we have taken precautions to ensure the content of this article is current and accurate, development and/or changes may occur from time-to-time; hence, you should not rely solely on this information. Any reliance you place on such information is, therefore, strictly at your own risk and in no event, Funding Societies will be liable for any loss or damage resulting from the use of this information.