Platform safety and smartphones

22225

Maybe it's better not to use dodl then but it's the cheapest for my needs (Lisa, small amount in every month) but its app only. So maybe I need to put it on a tablet for home use only. But then I will need more security on the ipad as they are not as secure as phones?!

gravel_2

How are they not as secure? An iPad is just a big phone (usually without mobile connection).

22225

Ok I'm thinking of laptops then. And PC's.

Alexland

masonic said:

when an assailant is willing to use force to get what they want from you. In that scenario it is advisable to be compliant. So it is worth giving some consideration to what your device will present to them if they force you to let them into it.

Sounds like my divorce. I had to explain lots of obscure accounts, fund managers and investment choices. Good practice for getting robbed in real life I suppose. Maybe I'd just give them details of my ex's accounts....

Swipe

Would be nice if there was an option to remove the sell button from investment platforms. One of the reasons I won't install the Vanguard app on my phone.

Rollinghome

An article on Which? listing the banks that are the worst at refunding APP fraud victims. Monza being very much one of the worst, and Lloyds/BOS/Halifax being the worst of the big five. 

Should never be necessary for the savvy people here, of course, but might be relevant for elderly relatives. (Whoops, some might include me in that.) https://www.which.co.uk/news/article/which-banks-are-worst-at-refunding-fraud-victims

Bank	Loss per £m of transactions	% reimbursed 2023 (and 2022)
TSB	£266	88% (91%)
Nationwide	£219	87% (78%)
HSBC and First Direct	£159	76% (73%)
NatWest, RBS, Ulster Bank	£92	76% (62%)
Santander	£162	73% (63%)
Barclays	£135	72% (70%)
Clydesdale and Virgin Money	£160	68% (38%)
Lloyds, Bank of Scotland, Halifax	£228	55% (49%)
The Co-operative Bank	£125	49% (54%)
Starling	£105	48% (37%)
Metro Bank	£266	46% (42%)
Monzo	£213	17% (22%)
Danske Bank	£44	13% (20%)
AIB	£38	9% (10%)

where_are_we

Regarding security is it necessary to formally log off a banking app, which usually requires a couple of actions as oppposed to switching off which is quicker?

flaneurs_lobster

Rollinghome said:

An article on Which? listing the banks that are the worst at refunding APP fraud victims. Monza being very much one of the worst, and Lloyds/BOS/Halifax being the worst of the big five. 

Should never be necessary for the savvy people here, of course, but might be relevant for elderly relatives. (Whoops, some might include me in that.) https://www.which.co.uk/news/article/which-banks-are-worst-at-refunding-fraud-victims

Excellent, so if I want to shovel money at the many scam schemes that get pumped at me daily then I'm best to pay them using my TSB account as they are most likely to give poor, gullible, old me my money back, regardless of how stupid I've been?

Good to know.

flaneurs_lobster

where_are_we said:

Regarding security is it necessary to formally log off a banking app, which usually requires a couple of actions as oppposed to switching off which is quicker?

I'd be very surprised if closing a banking app didn't also "log out" the session. Many will also lock the screen (requiring a (PIN/face/fingerprint) if you simply swipe away to another app.

wmb194

flaneurs_lobster said:

where_are_we said:

Regarding security is it necessary to formally log off a banking app, which usually requires a couple of actions as oppposed to switching off which is quicker?

I'd be very surprised if closing a banking app didn't also "log out" the session. Many will also lock the screen (requiring a (PIN/face/fingerprint) if you simply swipe away to another app.

Yes, they’re either instant logout or after a minute or two. Some give you options in their settings, for instance NatWest/RBS/Ulster: