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Is it safe to use mobile banking apps over 3G?

Is it safe to use mobile banking apps over 3G (as opposed to Wi-Fi)?

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9 comments

JanSt / MOD  Aug. 7, 2012 at 11:25

If your phone is compromised by malicious software, NO connection type is safe.
If your bank is compromised by malicious roque traders, no banking type is safe...

Close your account. Take your money to a credit union or store it under a good comfortable mattress.

2008 isn't millenia ago. Banks caused the mess we're in. You can't fix cleptocracy with an app.
(NB this post does not reflect the opinion of Mobot.Net)

matt101101 / MOD  Aug. 7, 2012 at 12:38

Jan's a bit....paranoid, about such things ;).

Yes, your 3G connection is just as safe as your secure wi-fi network, which I assume you have at home.

JanSt / MOD  Aug. 7, 2012 at 12:56

But matt, am I paranoid enough?

matt101101 / MOD  Aug. 7, 2012 at 12:59

But matt, am I paranoid enough?
Probably not. No matter what you do, it seems there's always someone willing to relieve you of your money.

JanSt / MOD  Aug. 7, 2012 at 13:07

True. And, my bad, credit unions aren't safe, either.
Ethically speaking, they are probably the better choice - especially since they are committed to the community rather than to a multinational shareholder assembly. But of course, CUs deal with and through major banks, too.
Unfixable dilemma. Only a plethora of lesser evils.

Pondlife  Aug. 7, 2012 at 13:21

Just because he's paranoid doesn't mean someone isn't out to get him. Where is Treab? lol.

If keeping it under the bed nope definitely not paranoid enough. oO

matt101101 / MOD  Aug. 7, 2012 at 13:30

True. And, my bad, credit unions aren't safe, either.
Ethically speaking, they are probably the better choice - especially since they are committed to the community rather than to a multinational shareholder assembly. But of course, CUs deal with and through major banks, too.
Unfixable dilemma. Only a plethora of lesser evils.

Buy a private island, fortify it and keep your money in a chest - Pirate style.

Pondlife  Aug. 7, 2012 at 15:25

Again. Sheesh. :(

Treab  Aug. 7, 2012 at 17:25

easy option of course.

THE GOOD LIFE...

http://upload.wikimedia.org/wikipedia/en/thumb/f/fe/The_Good_Life_(logo_for_1975_TV_show).jpg/225px-The_Good_Life_(logo_for_1975_TV_show).jpg

no need for any money ever...

even roflcats get involved...

http://static.guim.co.uk/sys-images/Lifeandhealth/Pix/pictures/2009/7/15/1247670746040/The-Good-Life-001.jpg

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