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Rip-Off Alert: Be smart using your phone for banking

Reported by: Marie Mortera
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Updated: 4/18/2013 6:25 pm
LAS VEGAS (KSNV MyNews3) -- Accessing your bank information from your smart phone can be convenient, but be cautious. This Rip-Off Alert warns that hackers are out to prey on your phone's personal information.

Federal regulators have this advice:

-- Password protect your phone or tablet so no one else can access your information.

-- Never give out personal information unless you have initiate contact. Banks don't call you and request sensitive information.

-- Stay away from being auto-logged into your accounts.

-- Report stolen or lost devices immediately to your wireless provider and banks.
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