How to Protect Your iPhone and Financial Apps from Theft and Hackers

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If you've ever lost your phone, you know how frustrating it can be. You're trying to get through a day, and suddenly the world is gone.

The number of iPhone thefts has increased over the past few years, leading to an estimated loss of $1 billion in digital life and bank accounts.

Thieves work together to steal phones and then use apps to take large sums of money via various financial apps on the stolen phones.

They change the Apple ID password on an iPhone, log the owner out of their other trusted devices like iPads and Macs, and change the trusted phone number and add something called a recovery key--which can further lock the owner out of their account.

All of this is done by inputting the iPhone passcode. Once they gain access to the phone, they can access all of your financial apps and even open credit cards in your name! The article provides advice on how to protect oneself from these attacks.

Posted Using LeoFinance Beta



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