Feb. 10, 2025

Unseen Money 4: Keeping a phone thief out of your bank account

Unseen Money 4: Keeping a phone thief out of your bank account
Unseen Money 4: Keeping a phone thief out of your bank account
New Money Review podcast
Unseen Money 4: Keeping a phone thief out of your bank account

In the latest episode of Unseen Money, Timur Yunusov and I discuss how to stop a bad dream turning into a real nightmare: when a phone snatcher has your mobile device and is trying to get hold of your money as well.

We cover:

  • How a phone thief can access your bank accounts
  • The security of contract and non-contract mobile phones
  • Best mobile phone security practices and what to keep safe at all costs
  • Multi-factor authentication and avoiding single points of failure
  • Stopping a phone theft from becoming identity theft
  • Face ID or touch ID to authorise payments?
  • The unevenness of payment apps’ security
  • Why little can stop the determined hacker

We also refer to these New Money Review articles in the podcast:

A phone grabber could drain your bank account in minutes

How safe are payment cards?