10 Tips for Even Safer Online Banking

About half of Americans now use computers or smartphones as their primary banking method. Online banking with PCs or Macs still reigns supreme as “most preferred” by one-third of customers, but mobile banking has increased fourfold since 2010. Either method is safer than mailed statements. But with their geo-location capabilities, secure banking apps and other advances in mobile software, smartphones may have the security edge over traditional computers. Here’s how to make mobile and old-school online banking even more secure. …

Study: Apps ‘Hijacking’ 12 Million Smartphones

Some 12 million smartphones have mobile apps that secretly run a barrage of hidden advertisements in the background — roughly 700 per hour — that gobble up to 2GB of data per day and shorten battery life in its host device. Advertisers lose even more: an estimated $1 billion this year in bogus commissions paid to fraudsters for simulated clicks of those ads in “what they believe to be real consumers viewing their ads,” says David Sendroff of Forensiq, an …

Watch Your Wi-Fi! Most Devout Users Are Clueless About Risks, AARP Finds

Although some 84 percent of American adults who use the Internet access it on a daily basis, new AARP research finds that many continue to engage in risky online behaviors — especially at free Wi-Fi hot spots that are potential hotbeds for computer hacking. While a quarter of the 800 adults surveyed for the new report said they use free public Wi-Fi at least weekly, most are clueless about the potential risks. And nearly half of the respondents flunked a …

Hackers Guzzle Your Money via Starbucks Mobile App

Starbucks devotees, prepare for a jolt beyond what’s provided in those morning cappuccinos: Hackers are draining financial accounts of customers who use a Starbucks gift card or mobile app to pay for coffee. The (no latte pun intended) skinny on this scam: Thieves hack victims’ online Starbucks accounts, via the users’ weak and/or overused passwords or credential-stealing malware, to access linked payment accounts – credit and debit cards, PayPal and bank accounts. This allows them to add a new gift card, …

Spring Clean Your Identity Theft Risks

Spring cleaning should include more than decluttering your garage and closets. Take these simple steps to reduce your risks of identity theft: Shred — don’t just trash — unnecessary documents with your name, birth date, address, and account or Social Security numbers. Typically, bank deposit slips and ATM and credit card receipts should be shredded as soon as the transactions appear on statements, credit card statements within 45 days, and pay stubs and medical bills after one year. Never simply discard …

Me and My Smartphone: A Love-Hate Relationship

For someone with moderate to severe hearing loss, the smartphone is both savior and nemesis. I can’t imagine life without a smartphone, but I can imagine many ways that it could be better. First the savior aspect: I have at least two and sometimes three ways to communicate using text. The first is email. The second is texting. And the third, when it works, is captioning for telephone calls. I can also pay for my coffee, go to my gym, …