Cybersecurity Awareness Question of the Week: Secure Banking Activities

November 10, 2014 James Michael Stewart Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

Which of the following is a true statement in regards to performing secure banking activities or other financial transactions?

A. Using paper checks to pay bills keeps your accounts from being drained.
B. Using a desktop or notebook computer to perform online financial transactions prevents man-in-the-middle attacks.
C. Making a purchase through a smart phone app is guaranteed by the device manufacturer.
D. A mobile device’s banking apps are no more secure than using their Web interface on a typical PC.

Reveal Answer

Answer: D.

Mobile apps and desktop software or Web browsers are generally at the same level of security — which all too often is insufficient. Even when on a “trusted” network connection, always use a VPN to secure your local connection when performing any type of online financial transaction.

Cybersecurity Awareness Question of the Week Series

Cybersecurity Awareness Question of the Week: Login Credentials
Cybersecurity Awareness Question of the Week: Selling Online
Cybersecurity Awareness Question of the Week: Social Media Privacy
Cybersecurity Awareness Question of the Week: Risky Internet Practices
Cybersecurity Awareness Question of the Week: Public WiFi
Cybersecurity Awareness Question of the Week: Secure Banking Activities

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