Banking App Blind Spots: Hidden Risks in Mobile Finance
Mobile banking has revolutionized how we handle money, but it has also introduced new vulnerabilities. This guide explores the "blind spots" that even the most advanced banking apps can't always protect you from.
1. Overlay Attacks
Overlay attacks occur when a malicious app creates a transparent window over your legitimate banking app. You think you're typing your password into your bank, but you're actually giving it to a hacker.
Prevention: Only install apps from official stores and be wary of granting "Accessibility" permissions to unknown applications.
2. Public Wi-Fi Vulnerabilities
Even with HTTPS, public Wi-Fi can expose you to Man-in-the-Middle (MitM) attacks. Hackers can intercept data before it reaches the encryption layer or redirect you to fake login pages.
Prevention: Use a VPN or your mobile data (4G/5G) when accessing sensitive financial applications.
"True security is a combination of app technology and user awareness. Stay vigilant and always verify the environment you're banking in."