Valued Contributor
my-own-fico
Posts: 1,119
Registered: ‎01-05-2010
Is It Safe To Bank On Public Wi-Fi?

I was wondering how this article ties in with wifi access to myFICO.

 

 

In light of this, if you go to http://ficoforums.myfico.com/ and click on Register, is that a way to create a forums login that is entirely separate from your myFICO score report login? I am concerned that as a default a login is used for both.

Super Contributor
marty56
Posts: 5,679
Registered: ‎10-06-2007
Re: Is It Safe To Bank On Public Wi-Fi?

I would not do it unless they use wireless encryption.  I would also not use a public computer like in a library or school either. 

09/12/2013 FICO: EQ: 772 EX:813 TU:752
Member
oogy
Posts: 17
Registered: ‎11-23-2012
Re: Is It Safe To Bank On Public Wi-Fi?

Having spent a few years in a call center doing tech support in a former life, I would never recommend you use public wifi for anything you're be concerned about being stolen.  It's ridiculous how easy it is to "hack" a wifi (even one that is "secured") if you know what you're doing.  9 times out of 10, you're alright because no one else in that library or coffee shop with you has any malicious intentions - but that one time when you happen to be in the wrong wifi hotspot at the wrong time is all it takes to make a big mess.

EX: 683 (Nov 12)
EQ: 703 (Nov 12)
TU: ???
2013 Goals:
725+ by Summer and 750+ by Year end
Regular Contributor
awal
Posts: 223
Registered: ‎10-25-2010
Re: Is It Safe To Bank On Public Wi-Fi?
I'm not sure if I would consider this hacking a wifi network. I think this can better be described as spoofing a web page. This kind of thing could be done on a wired or wireless network. It basically comes down to don't connect to a network (wired or wifi) you don't trust even if it is encrypted.

Starting Scores: 667 EQ 09/2013 | 682 TU08 01/2014 | 685 EX 03/2013(via AMEX App)
Current Scores: 667 EQ 09/2013 | 684 TU08 04/2014 | 689 EX 06/2014(via AMEX CLI)

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Valued Contributor
Uborrow-Upay
Posts: 2,710
Registered: ‎10-16-2008
Re: Is It Safe To Bank On Public Wi-Fi?

It is if you use a VPN (virtual private network), which creates a private, secure tunnel for your transmissions.

 

You can do this using a VPN service (for a fee), or you can create one on your own, linking to your own PC at home or elsewhere. 

 

If you are on the road a lot and need banking access, this is could work well for you.