iPad and online banking security

Discussion in 'iPad' started by SR45, Feb 5, 2012.

  1. SR45 macrumors 65832


    Aug 17, 2011
    Friend is thinking of an iPad 3 when it comes out in a month or so and so am I, but we both have a question about online banking and any security the iPad may or may not have that we should be concerned about. Any apps that may help in this area as well would be appreciated

    Anyone have a comment ? Many thanks in advance ;)
  2. iPutz macrumors member

    Mar 27, 2011
    All depends on the banking app security as the 'flimsy' 4 digit iPad code isn't all that strong.
  3. thewitt macrumors 68020


    Sep 13, 2011
    Most mobile banking apps adhere to the same high security standards as their web based banking tools, however you should keep your app updated and be wary of easy to guess passwords etc. Some notable apps have been released with security issues, though they have all been corrected very quickly once recognized.

    Be aware of your surroundings when logging into any mobile banking app. You are not always going to be sitting somewhere private...

    If you use a web app, be sure it's an https link as well.

    Millions of people are banking online with both apps and websites with great success and virtually no issues, so come join us with confidence.
  4. SR45 thread starter macrumors 65832


    Aug 17, 2011
    Thank you guys....

    Was planning on using my Home WiFi only for banking, and not using it outside the home. I'll do a Google search for additional information on this as well. :)
  5. neutrino23 macrumors 68000

    Feb 14, 2003
    SF Bay area
    Probably the biggest danger is from phishing attacks. I make it a policy to never follow a link I get in an email if it is related to banking or credit cards.
  6. SR45 thread starter macrumors 65832


    Aug 17, 2011
    Read this today....

    "The previous iPad only allowed a four digit passcode and the iPad2 comes with that same setup by default.

    It is possible to increase your password complexity by disabling the simple passcode. To do that Go to Settings >* General > Passcode Lock> Simple Passcode and disable it. Now you can use any desired keyboard password to secure the iPad. The password also helps to encrypt your mail and attachments on the iPad, so you increasing password strength is a smart move."

    Can you guys verify this ?

    Thanks everyone
  7. trilaemasu macrumors member

    Jun 28, 2010
    Ottawa, Ontario Canada
    Just took a look at this on my iPhone. It's true. Disabling Simple Passcode gives you access to a full keyboard.
  8. jasper2012 macrumors newbie

    Feb 6, 2012
    thanks for your informations, it very useful for me
  9. Wickedkitten macrumors newbie

    Dec 6, 2002
    I don't know if they have fixed it or not, but all someone actually needs to bypass the security lock is a smart cover
  10. Menel macrumors 603


    Aug 4, 2011
    1. That's fixed.

    2. Banking apps have their own security, just because the device passcode is compromised, they'll still have to know your banking password, and/or security questions to initiate a reset.

    ^- I use corporate email which doesn't sync to iphone/ipad for banking/savings.

    3. Safari has full SSL support when accessing websites.
  11. Stealthipad macrumors 68040


    Apr 30, 2010
    Even if someone stold your iPad, banks require their own security to get to your account.

    If your wireless network is encrypted, banking on your iPad would be every bit as safe as using your dektop
  12. dontwalkhand macrumors 601


    Jul 5, 2007
    Phoenix, AZ
    The apps are fine, As long as you have a pass code. The apps themselves have a password as well (your online banking password)

Share This Page