Even if you’ve taken precautions on your desktop or laptop, you may have a device in your pocket that is nearly as powerful and that has just as much (if not more) access to your personal information. Many people don’t realize what a liability their mobile device can be when it comes to criminals being able to access information. Or, if you accidentally lose your phone like Linda did, it could become an easy way for thieves to access your information. For example:
- Many people use smartphones to access personal accounts, shop, and use social media. However, three in 10 smartphones aren’t password protected and 41 percent aren’t enabled for remote tracking and data wiping.
Only 22 percent of survey respondents said they read mobile app privacy statements before downloading apps.
Source: Edelman Berland survey for Experian’s ProtectMyID, 2014
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a Registered Broker-dealer (Member FINRA/SIPC) and SEC-registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. General Electric Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.