The lost phone
The Images & Videos
...and may be ease of use of their day to day applications/utilities as they have been well accustomed to the workings.
Insure your phone on theft.
Install some security solutions that can remotely wipe your data.
Get apps that can track the phone wherever it is & with who.
Some automatically sends SMS to you when powered
I mean there is a lot you can do towards your phone recovery and preventing misuse of your confidential data.
You should do this as often as possible and even allow the Phone do this automatically.
You can never be wrong with BACKUP - it saves and you never can tell when.
But there's still one more thing that may be more critical and it's your MONEY.
Phone loss can lead to financial loss. It has happened & still happening.
Therefore, you must protect your mobile phone like egg and report when missing.
Phone got missing & money got missing - that's double wahala.
Here is how things like this probably happen....Your Phone in the wrong hand connects to your Bank & your money is gone
You can transfer money to self and others....same thing fraudsters can do.
Banks have instructions to get enrolled for USSD, some of you don't know but fraudsters know and are not resting.
The guideline is there to help you stay safe....don't be a stranger to it, look for it and other regulations to know your role and stay safe.
+ opt in
+ opt out
+ transfer up to 20,000 per time
+ transfer up to 100,000 per day
+ transfer above 20,000 but with OTP
+ report Issues
You should be notified for every transaction.
Keep your card details & Phone safe.
If you desire to go beyond these regulatory limits, you MUST execute documented indemnities with your Bank.
That is, there is room to transfer above 20,000 per time and above 100,000 per day.
You need to find out and be sure what it requires to register for USSD. You don't need to use it but know it.
Check your Bank's website, the process should be there.
Know what it takes and stay safe.
Can a fraudster pick your phone and act as you to opt you in for USSD service?
Find out what it entails to register for USSD with your Bank.
Criminals have only taken advantage of the lack of knowledge of Users to defraud unsuspecting customers.
Guard your phone, even with close friends and family.
When it is missing RUN FAST to your Telco and call your Bank to block the sim and your account.