smart spending

Smartphone scams: Bank at your own risk

Surf with caution
Next
4 of 6
Back
Even surfing the Web on a mobile device using a public Wi-Fi hot spot can make you vulnerable to an attack. According to Hoog, it's very cheap and easy for a fraudster to buy a wireless router and give it a name, say Starbucks or another well-known access point. You could be in Starbucks sipping your latte thinking you are checking your bank account on Starbucks' network. But you are really surfing the Web via the network the fraudster sitting 50 feet away created to grab your sensitive information, he says.

"It is relatively easy to sniff out logins and passwords in public Wi-Fi settings," says Kanok. "It might be someone sitting in the corner pretending to be at a T-Mobile HotSpot."


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 4.04%  0.02 4.02%
15 year fixed refi 3.16%  0.07 3.09%
10 year fixed refi 3.20%  0.03 3.17%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.33%  0.01 4.32%
50K FICO-based HELOC 4.06% --0.00 4.06%
100K FICO-based HELOC 3.92% --0.00 3.92%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.81% --0.00 2.81%
48 month used car loan 3.03%  0.01 3.04%
60 month new car loan 3.25%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 1.00%  0.01 1.01%
2 Year CD 1.20% --0.00 1.20%
5 Year CD 1.84%  0.02 1.86%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.73% --0.00 15.73%
Cash Back Cards 16.43% --0.00 16.43%
Low Interest Cards 10.98% --0.00 10.98%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us