BENGALURU: Earlier days we had to go to bank personally to withdraw the amount we required or to deposit it, so that our transactions would be successful. As we all know banking was and always is inconvenient and time consuming, but today, we have lots of options when it comes to financial transactions.

Now Mobile banking is an increasingly popular way to monitor and manage your money. But it comes at a price. Many people have flip minds when it comes to mobile banking system because of the risks involved in it. reports ET.

Let’s have a look at some of the Things That Pose Threats To Mobile Banking.

1. OS of your mobile

Mobile operating systems cannot be blamed here but if you are running an old or previous version of it then there might be vulnerabilities. Always keep your mobile operating system updated and connected to a wifi network so that if there is a patch file that needs to be downloaded in your mobile , will be downloaded instantly and your mobile will be secure. Here Banks use tools like Dexguard and EnsureIT to encrypt files, which makes difficult for hackers to decode the apps security.

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