Re: Mobile banking: alarm as fraudsters take over handsets and raid accounts

AJL <noemail@none.com> wrote:

On 7/13/2024 5:17 PM, Alan wrote:

On 2024-07-13 17:06, AJL wrote:

On 7/13/2024 4:20 PM, Chris wrote:

AJL <noemail@none.com> wrote:

On 7/13/2024 11:45 AM, Chris wrote:
 

Most people use the same passcode on the lock screen as for
(banking) apps

 

I doubt that. Any links...

 

https://www.ft.com/content/26be349d-4717-4815-a221-a749e29de2b2

 
The link is locked for me...

 
Try this:
 
<https://archive.is/OsN5j>

 
That link worked. Interesting article. I also live in a large metro area
(Phoenix AZ US) and the same stuff happens here.
 
But you said: "Most people use the same passcode on the lock screen as
for (banking) apps" and I saw nothing in that piece to verify that.
"Most" being over half the phone using population. I still doubt that
assertion but also can't prove otherwise...

It might be an exaggeration on my part although the FT article mentions a
survey where "almost half" did.

Clearly it is common enough that the thefts are worthwhile.