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

AJL <noemail@none.com> wrote:

On 7/14/2024 2:24 AM, Chris wrote:

AJL <noemail@none.com> wrote:

On 7/13/2024 4:20 PM, Chris wrote:
 

Bank apps ask you to set a PIN as an added level of security.
People are lazy and don't want to remember another PIN so use the
same one as the phone lock screen.

 
Depends on the bank app. Mine don't offer pin capability but do
require long passwords using all types of characters.

 
That's sounds like a PITA.

 
PITA? Not for me. Because I'm one of those paranoid folks who don't keep
any banking (or investment) apps on my phone for security reasons.

The topic is mobile banking...

As far a pin vs password I find passwords easier. That's because I use a
formula for each site. Something like $ + my first employee number +
first 3 letters of site/app name + my second employee number + next 2
letters of the site/app name + the number 13. This is just an example
and it can give me a 15+ character password that I can easily remember
and type in in a just few seconds.

Some sites don't accept passwords longer than 8 or 9 chars and/or no
special character. What do you do then?

I use the formula for ALL my password requiring sites, sensitive or not.
I let Google remember and insert the non-sensitive ones.
 
Also I can remember and use my formula for ALL my sites, even at my age.
I doubt I (or most folks) could remember that many DIFFERENT pins...

The problem with a formula is that there too sites that have special
requirements - i.e. some require a special character, others require no
special character - and so you have think of another formula.

I gave up years ago and have a password manager. Much easier. Only one
password to remember.