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

On 14/07/2024 00:20, Chris wrote:

Not the same thing. 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.

I have no idea why the banks have recently made the security of their apps weaker.  I have two banking apps on my phone, each of them used to have a longish alphanumeric password that I had chosen (two different passwords of course).  But recent compulsory "upgrades" to each App have made me chose a 5-digit or 6-digit PIN.   I have chosen different PINs and neither is the same as the one I use to unlock the phone, but all the same it's obviously less secure than before.  Can anyone think why on earth they have done that?  It seems crazy to me.
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Clive Page