Your phone is essentially a one-stop shop for your data and, if stolen or exposed to identity thieves, can compromise your identity and financial accounts. People are using smartphones for more of their digital needs, but even if you don’t use mobile banking or financial apps, your phone could store sensitive data from online shopping, social networking, games and more. An unsecured phone poses a major security risk that makes you vulnerable everywhere you go.
Here’s a quick checklist of how to protect your data from identity thieves by securing your mobile phone:
1. Password-protect your phone.
A password locks your phone, so that anyone who picks it up can’t just rummage around in your mobile life. Use a complex and unique password, beyond just numbers if possible. A good password mixes letters, numbers, punctuation and special characters. Use unexpected transformations. “Dollars” is a very easy password to crack, but so are the common variations “Doll@rs” and “Doll@r$.” Instead, try inserting a random character in a less predictable way to get something such as “D[]//@r$” or ”D{}LL@r$” for increased security. As an alternative, your fingerprint may be sufficient to protect your phone – if it has a fingerprint sensor and if you don’t mind the invasiveness of a phone company having a unique identifier for you.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
2. Set your phone to auto-lock.
Auto-lock means that your phone will automatically require a password for you to re-enter after a certain amount of time. This feature is important, especially in public places where phones that look alike can be accidentally swapped. You can set the auto-lock time by going into your phone settings and choosing anywhere from immediately up to several minutes, even hours.
3. Saving passwords isn’t smart.
Make sure any mobile banking or financial apps have passwords that are not automatically saved on your phone. It may be convenient, but it’s also potentially dangerous.
4. Turn off GPS, Bluetooth and wireless features.
When you’re not using them, of course. Not only do they drain the battery life, but thieves can pair their Bluetooth device with yours to hack personal information or even track you.
5. Be careful on Wi-Fi networks.
Wi-Fi is another channel for thieves to remotely access your data undetected. Only connect your phone to secure networks with passwords, especially in public places that offer free Wi-Fi. Even if you are using Wi-Fi for browsing and not for shopping, banking or anything else that requires passwords or account data, on a public, open-source network, your personal information can be exposed unwittingly.
6. Download with discretion.
Before downloading any apps to your phone, always do a quick search to make sure they come from a legitimate site or publisher. Check user reviews for any complaints.
7. To move forward, back up.
If you have photos, videos, music, emails, contacts or any other information that you want to make sure you can access if your smartphone if ever hacked, lost or stolen, then make sure they are all backed up on a computer, USB drive or cloud storage service. It’s always a good idea to make backup copies. Quick: Think of your best friend. Do you know his/her phone number? While some information can be replaced, it can turn out to be more of a hassle than you bargained for, and some items may be irreplaceable.
8. Enable a service with remote tracking.
This is a service that exists on most phones. In the event your phone is stolen, you can remotely lock your phone and even erase its data while the GPS tracks its movement in a criminal’s hands. You can even set your phone to automatically wipe your data if your phone password is entered incorrectly several times. Of course, a full reset would be a last resort to protect personal information, and hopefully you remembered to back up your data.
Did you know?
If you are changing or upgrading smartphones, then make sure that all of your personal information and content is erased from your old phone after you have uploaded it into your new one. Many phones have built-in reset features that will restore all settings to their defaults.
-
Here's How To Get Organized And Work For YourselfWhether you’re looking for a side gig or planning to start your own business, it has never been easier to strike out on your own. Here is our guide to navigating working for yourself.
-
How to Manage Risk With Diversification"Don't put all your eggs in one basket" means different things to different investors. Here's how to manage your risk with portfolio diversification.
-
How Much Money Is Enough to Be Happy? Can You Have Too Much?The relationship between money and happiness is complicated, but the experts agree on these three eye-opening fundamentals.
-
Five Year-End Strategies You Can't Afford to MissInstead of making New Year's resolutions, consider making some money moves that could help save you big bucks on your taxes.
-
Buying an Insurance Policy: Three Ways to Do ItYou can buy an insurance policy through an insurance agent or broker or on the internet. Which way works best for you?
-
10 Ways Your 1031 Exchange Can Go Horribly WrongDon't let your tax-saving strategy become a financial nightmare — discover the hidden pitfalls that could turn your 1031 exchange into a costly disaster.
-
From Entrepreneur to Retiree: Boosting Your Business' ValueWhen business owners contemplate retirement, their first step should be maximizing the value of their biggest asset. Here are a few steps that could help.
-
You've Got a Trust: Now Who Should Be the Successor Trustee?You've set up a trust to protect your assets and your beneficiaries, but you still must choose the right person to execute your wishes. Here's how to do that.
-
Three Ways Fiduciary Financial Planners Put You FirstFiduciary financial advisers are required by law to work in your best interest. Here's how they are key to intentional and efficient financial management.
-
How Long-Term Care Insurance Has Become More FlexibleToday's long-term care insurance offers retirees more appealing options, which can preserve assets and protect the financial stability of a healthier partner.
