At my work, the iPhone has become the smartphone choice, and when my older phone died, I received one.
I’ve been doing online banking for years at home and from work, but I wouldn’t do it from an internet cafe or wifi hotspot. At home I have defense in depth – HW firewall on my router with strong passwords, fairly secure computer with software firewalls,ant-virus, anti rootkit, anti malware. My works has even stronger security, daily scans my computer for unauthorised applications.
My bank has fairly good security protocols, randomly asks me a personal question from the 10 answers I’ve given them, watches for suspsicious activity on my cards like a hawk (generating a few embarassing situations where my card has been declined).
My bank recently announced a new iPhone app for online banking. While it might be convenient, I am worried that by using the iPhone, I’m giving up my security blanket.
Thoughts?
James