More Wireless Questions

[halfwaytree]

- I want to start on-line banking by using the web browsing capabilities on my cell phone. If the connection is not via WiFi do you think my connection would be secure?

- If the phone has GPS, can it be found if lost or stolen by locating it's signal?

[Diplomat]

Re: More Wireless Questions

For what it's worth...

<span style="font-weight: bold">Is banking by cell phone safe? </span>

Something weird happens when you transfer your funds into your bank account by cell phone. It becomes very difficult to find out what happens when you send things over your cell phone. As technologies continue to advance there are more ways to send money into your bank. There are also ways for people to get into your cell phone secretly.Some of them are by cell phone. Sending transactions by cell phone may be quick and easy but can also be dangerous. These days people are able to hack into your phones and steal vital information.

Some people don't notice that they have lost their money until a long while later. This is very frustrating trying to find out what happened to your money. This can cause big problems when you want to buy something. It would be better to sen you transaction over a secure Internet connection. Sending it over a secure connection can ensure that it gets to your bank account. In some cell phones the connection gets dropped and that messes up you whole transaction. There is a new technology called bluetooth. It may be a very luxury wireless system but it is easy to hack. All you need is a cell phone and you can type the ESN of the Bluetooth ISN number and you can receive everything that the Receiving person gets. They will never know that you stole their money they would think it just never came.

Hackers are also able to send your transaction to their phones and then send it to their back account. You wont notice this until it is too late because your phone wont know it has been hacked. The cell phone service providers also wont know because they will think it is your phone and wont pay any attention to it. It would be better to just send you transaction on the Internet. It is much safer and faster. As technology continues to advance so does the advancement of criminals hacking software.

Some cell phones do not support the Java or flash player so it would be hard to send transactions over phones. That would mean you would have to download it to your phone and that would cost you extra money to do that. Going through all of the downloading and updating you phone can be expensive and tiring. It would be better to stay with the inter and send you money over that.

SOURCE

[halfwaytree]

Re: More Wireless Questions

Thanks for that CEW.

I guess I am better to play it safe and just forget about it.

[bee_bop]

Re: More Wireless Questions

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: CEW</div><div class="ubbcode-body">For what it's worth...

<span style="font-weight: bold">Is banking by cell phone safe? </span>

Something weird happens when you transfer your funds into your bank account by cell phone. It becomes very difficult to find out what happens when you send things over your cell phone. As technologies continue to advance there are more ways to send money into your bank. There are also ways for people to get into your cell phone secretly.Some of them are by cell phone. Sending transactions by cell phone may be quick and easy but can also be dangerous. These days people are able to hack into your phones and steal vital information.

Some people don't notice that they have lost their money until a long while later. This is very frustrating trying to find out what happened to your money. This can cause big problems when you want to buy something. It would be better to sen you transaction over a secure Internet connection. Sending it over a secure connection can ensure that it gets to your bank account. In some cell phones the connection gets dropped and that messes up you whole transaction. There is a new technology called bluetooth. It may be a very luxury wireless system but it is easy to hack. All you need is a cell phone and you can type the ESN of the Bluetooth ISN number and you can receive everything that the Receiving person gets. They will never know that you stole their money they would think it just never came.

Hackers are also able to send your transaction to their phones and then send it to their back account. You wont notice this until it is too late because your phone wont know it has been hacked. The cell phone service providers also wont know because they will think it is your phone and wont pay any attention to it. It would be better to just send you transaction on the Internet. It is much safer and faster. As technology continues to advance so does the advancement of criminals hacking software.

Some cell phones do not support the Java or flash player so it would be hard to send transactions over phones. That would mean you would have to download it to your phone and that would cost you extra money to do that. Going through all of the downloading and updating you phone can be expensive and tiring. It would be better to stay with the inter and send you money over that.

SOURCE </div></div>

Littleman says:
<span style="color: #660000">The connection between a client (mobile phone) and a bank's server, is usually a secure (encrypted) one. If a call is dropped during a transaction, the error detection technologies would detect it as an error, and attempt to get the client to re-transmit (without the user's involvement), it happens everytime you use your computer on the Internet. Also, if the database for the bank, is not able to complete the update transaction, the database would roll-back to the last completed transaction, and discard the partial one, put simply, nothing happened. All commercial, and even non-commercial, databases seek to preserve integrity. Anyone who has been introduced to database management, would know that.

The encryption procedure of a secure connection, uses a public key that encrypts the client's transaction, and cannot be decrypted without the private key of the server. Even if the encrypted data was intercepted it would be useless.

</span>

Reference websites:
1. Public Cryptography and Private Key-Priv...graphic Outlook

2. HowStuffWorks &quot;How Encryption Works&quot;