Can a Stolen Phone Unlock Your Bank App?

About this video

Learn why a stolen phone can become a stolen wallet, and how saved passwords and biometrics are the real risk. Discover the two settings that can protect your bank apps and personal data. Chapters: 00:00 The Lock Screen Lie 00:16 Convenience Is the Risk 00:31 The Clock Starts Now 00:47 Saved Passwords 01:03 No Hacking Needed 01:19 The Clock Starts Now 01:35 Biometrics: Username 01:50 PIN: The Real Password 02:06 Biometrics Aren't a Wall 02:22 62% Store Passwords 02:38 Double-Edged Sword 02:53 What's Inside? 03:08 First: PIN after restart 03:24 Second: Lock-screen access 03:39 The difference 03:53 Flip them on now 04:08 App Lock = Real Wall 04:24 Most Never Enable 04:39 Protect Your Money 04:53 PIN after restart 05:06 App PINs 05:20 The 30-Second Hack 05:35 The PIN Gap 05:51 44% of Thefts 06:07 A Master Key 06:23 The Real Threat 06:39 Enable It Now 06:55 The 30-Second Hack Sources & further reading: • Council on Criminal Justice - Smartphone Theft Report — Report on smartphone theft statistics in US cities • Pew Research Center - Mobile Technology and Password Management — Survey on password storage habits • Kaspersky - Biometric Authentication Bypass Research — Research on vulnerabilities in biometric systems • Apple Support - Use Face ID or Touch ID — Official documentation on biometric security settings • Google Support - Use Screen Lock — Official documentation on Android screen lock settings • FBI IC3 - Internet Crime Report — Annual report on cybercrime including mobile device losses

From the video

The Lock Screen Lie
The Lock Screen Lie
Can a Stolen Phone Unlock Your Bank App?
Saved Passwords, Open Door
Saved Passwords, Open Door
Convenience Is the Risk
Convenience Is the Risk
The Clock Starts Now
The Clock Starts Now
The 30-Second Heist
The 30-Second Heist
Saved Passwords
Saved Passwords
44% of Thefts
44% of Thefts
Auto-Fill and Face Scan
Auto-Fill and Face Scan
The Clock Starts Now
The Clock Starts Now
Beyond the Lock Screen
Beyond the Lock Screen
Biometrics: Username
Biometrics: Username

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Can a Stolen Phone Unlock Your Bank App?