January 26, 2021

How safe are banking apps on Android phones?

I use Android version 9 and I’d like to install my bank’s mobile app- but I’m a bit hesitant from a security/malware perspective.

I use the Chrome and Brave browser pretty liberally to visit all sorts of websites on my phone, and I figure this could expose my phone to all sorts of malware, which could ultimately compromise my banking data. Is that a correct assumption?

I also don’t run updates that often as soon as they’re available. I have Bit Defender installed but again, I don’t routinely run malware scans and check if its up to date as often as I should.

Given the above, should I avoid using my phone for online banking?

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