Gone are the days of losing a cell phone and the biggest worry being OMG, how
am I going to get all my contacts back?
Losing a phone today is almost worse than having a laptop stolen. With a laptop, the thief will have to do some
hunting to find your banking website, credit card websites, and so on.With a phone, the apps we all love and adore,
make a thiefs life very easy.They simply
go to the apps and instantly know where you bank, what credit cards you hold,
have access to your Facebook account giving them access to all of your personal
information with just a few presses of the finger.
The bank does offer the ability
to enroll in account notifications via email so you know your account balance
and activity at all times. The ironic
part is the bank immediately sends out the email letting you know there has been
activity on your account so you can act quickly if you didnt authorize the
purchase or transfer.With mobile
technology, the thief would see the notification email and they simply
delete the email and the crime could possibly go completely unnoticed or at a
minimum go unnoticed until the awkwardsir, your card was declined moment.
The month of June was National
Internet Safety Month. Now that June
is over, we will soon be in peak vacation season amd a lot of us will be
accessing our bank accounts and paying bills using our mobile devices while on
vacation. We never want to be
disconnected so we take our phone with us to the pool and beach. Until mobile devices become waterproof, we
are forced to either pay for a locker (which no one does), or hide the phone
under the towel (which we are probably all guilty of). It would be extremely easy for someone to
quickly grab the device, do a transfer, wait the 30 seconds for the email,
delete it, and disappear.
We all want the convenience of
having instant access to our accounts, but isnt protecting your hard earned
money worth an extra few seconds? The EVS fraud
prevention solutions can stop an identity thief from accessing accounts in
just thata few seconds!
[Contributed by Eric Knapp, VP of Client
Services]