Piggybank News

April 10, 2012

What your mobile says about you…

Long gone are the days of having a mobile phone simply to make calls. Most new generation mobiles now allow users to browse the internet, send and receive email, and even bank online. As a result, more personal data than ever is stored on our phones and this is making life much simpler for identity thieves.

Around 125,000 mobiles are left in London taxis alone each year and hundreds of thousands more are stolen. This is in addition to legitimate markets for second hand mobiles, such as eBay and mobile ‘recycling’ schemes that offer to pay cash (often to charitable causes) for unwanted handsets.

Unfortunately wiping the memory of your phone completely is difficult, but there are some basic steps you can take. First, remove any SD cards or other removable memory devices and remove the SIM card. You should also delete the phone’s internal memory using the ‘Restore Factory Settings’ or ‘Clear Memory’ functions.

j0283695Piggy says “Without careful monitoring, you may well be completely unaware that your identity has been stolen – until you are unexpectedly turned down for credit, or contacted about a debt that isn’t yours. It is therefore a good idea to regularly monitor your credit file for unusual activity.”

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