© John Wallace 2013 1 Mobile and Online Banking Security John Wallace Consultant, Resources Global Professionals.

© John Wallace 20131

Mobile and Online Banking Security

John Wallace

Consultant, Resources Global Professionals


Do you love the convenience of Online/Mobile Banking?

2 © John Wallace 2013


• You are not alone:

• 50% of consumers use Online Banking (computer)

• 20% of consumers use Mobile Banking (phone or other mobile devices)



Caution!



• Your banking credentials are in danger of being stolen

• The online banking credentials of your company are also at risk

How?



Organized criminal gangs:

• Paying smart programmers to create malware

• Paying others to get the malware on your computer

• Targeting the bank accounts of you and your company



How do they get the malware on your computer?



This is how they do it:

• Infected legit web sites (80% of infected sites are legit)

• Phishing e-mails (clicking on links, photos, etc.)

• Rogue web sites (faked web sites, porn, etc.)



They also use:

• Social Networks

• Public WiFi Hotspots

• Social engineering (free games or copyright bypass)



How do they get the malware on your phone?



This is how they do it:

• Downloading free games with malware

• QR Codes (pasted over legit ones)

• WiFi Hotspots



They also use:

• Phishing e-mails (with links or photos of interest to you)

• Smishing links http://abcefglmnop1379#winner.zapme.com/othergoofycharacters

• Social Networks

• Femtocells


http://abcefglmnop1379/


What if I have current anti-virus software?

Sorry, but it won’t protect you from these guys!

(zero day malware)



How can I protect myself?



PROTECT your computer:

• Dedicate a computer to use for ONLY online banking

• Don’t surf the web with your online banking computer (ever)

• Don’t use it for e-mail

• Don’t use it for downloading anything except banking



PROTECT your company’s computer:


• Don’t surf the web with the online banking computer (ever)




PROTECT your smart phone or other mobile device:

• Don’t do banking from your smart phone or other mobile device (for now).

• Do banking from your dedicated home computer



• Contact your bank and plead for help

• Contact law enforcement

• Most important: Don’t let it happen to you….

What do I do if it happens to me?

© John Wallace 2013


PROTECT yourself:



PROTECT your computer:


• Don’t surf the web with your online banking computer (ever)

• Don’t use it for e-mail




PROTECT your company’s computer:


• Don’t surf the web with the online banking computer (ever)




PROTECT your smart phone or other mobile device:

• Don’t do banking from your smart phone or other mobile device (for now).

• Do banking from your dedicated home computer


Questions


Contact Information

For a copy of this presentationOr any further information:

Please Contact: John Wallace

(210) [email protected]

orSusan Hough

(210) [email protected]

© John Wallace 2013 1 Mobile and Online Banking Security John Wallace Consultant, Resources Global Professionals.

Documents

online banking computer

online banking dont

mobile banking phone

online banking credentials

mobile devices

companys computer

email dont

dedicated home computer