Smartphone safety & financial cyber security tips

Last Updated: 3 April 2025

At Abode Financial Planning in Cirencester, safeguarding your financial future is our top priority, and in today’s digital age, that means protecting your personal information from cyber security attacks as well. Smartphones are a gateway to your most sensitive data, making it crucial to keep them secure from theft and hackers.

Smartphone theft is surging, and criminals are becoming increasingly sophisticated in their methods.

Police have recorded the highest “theft from the person” offences in over twenty years, according to the latest official figures for England and Wales. This type of crime includes pickpocketing as well as snatching and now, one in three items stolen is a phone.

An unlocked phone can be a goldmine for thieves who go to extraordinary lengths to capture a device’s password. Once inside, thieves can disable the phone’s location signal a change passwords, locking us out and buying more time to plunder the data.

Realistically, most of us wouldn’t even know how to disable a phone’s location signal (!) but, fortunately, there are some simple steps you can take to secure your smartphone from theft and cyberattacks.

1. Always be vigilant, especially in crowded places

How many times have you disembarked from a train, head down in your phone being guided by Google Maps? Criminals often target individuals who are distracted or unaware of their surroundings.

A common tactic is ‘shoulder surfing’ where thieves will steal a glance at you entering the phone’s passcode. Even discreetly filming phone’s passcodes which, not only unlock the phone but can be also used to get into secure apps.

Also, phone cases that store various bank cards and drivers licences are a Brucey Bonus for thieves.

2. Use biometric authentication and a strong password

Using biometric authentication, such as a fingerprint or face scan, to lock your screen can enhance the device’s security. This will prevent hackers from accessing your device without your permission, especially if you lose it or leave it unattended.

A strong password should be at least six characters long, include a mix of letters, numbers and symbols, and be different from your other passwords. You should also avoid using easy-to-guess passwords, such as your name, birthday, or phone number.

Security apps like 1Password allow you to generate and save different and impenetrable passwords which can be controlled from a central location.

3. Enable remote wipe and tracking features

Remote wipe and tracking features are available on most mobile devices. These features allow you to locate your device on a map, ring it, lock it, or erase all the data on it remotely, using another device or a web browser.

For Android devices, you can use the Find My Device service, and for Apple/iOS devices, you can use the Find My iPhone service. You should also backup your data regularly, either to a cloud service or an external storage device, so that you can restore it if needed.

4. Avoid public WIFI & phone charging ports

Public Wi-Fi networks are often unsecured and can expose your device to hackers who can intercept your data, spy on your online activity, or infect your device with malware. If you do need to use public Wi-Fi, it’s advisable to use a VPN (virtual private network) service that encrypts your traffic and protects your privacy. Furthermore, try to avoid accessing sensitive apps, such as your email, bank account, or social media, on public Wi-Fi.

Public charging ports also leave you vulnerable to theft or a security breach and should be avoided where possible. Instead, consider using a portable charging port which are relatively inexpensive.

5. Update your software and apps regularly

Software updates often include security patches that fix bugs and vulnerabilities that hackers can exploit to attack your device. Apps also need to be updated frequently to ensure they work properly and don’t pose any security risks. Most phones can be set to update apps and software automatically.

Finally, familiarise yourself with your phone’s security features.

These help pages are packed with guidance on what to do to secure your lost phone: Apple, Google and Samsung

Apple’s latest software update introduced Stolen Device Protection which helps prevent thieves who know your passcode from making significant changes, like to your Apple ID password.

If your iPhone is away from a familiar location such as your home or workplace, a delay of one hour will apply before changes can be made. This could give you enough time to access the device remotely and regain control. Remember time is of the essence. Also, biometric authentication will be needed to access other passwords and credit cards information with no passcode option.

Most Android phones come with a built-in feature that allows you to lock individual apps with a PIN. This will create more friction for criminals — but could also make your phone less convenient to use.

Conclusion

By following these cyber security tips, you can significantly reduce the risk of smartphone theft and protect your personal information from potential threats.

Just as we help you plan for a secure financial future, taking these steps will help you protect your smartphone and the valuable information it holds. Staying vigilant and proactive in both your financial and digital security will give you peace of mind, knowing that you’re covered on all fronts.

Ready to take control of your financial future? Contact us today to discover how we can help you secure not just your digital life, but your entire financial well-being. Let’s start planning for a future that’s safe and prosperous.

Investment risk information

Please note, the value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

This information is for general information only and does not constitute advice. The information is aimed at retail clients only.

Past performance is not necessarily a guide to future performance.

Frequently asked questions

Why is cybersecurity important in financial planning?

Cybersecurity protects sensitive financial data from theft or fraud, ensuring your investments, retirement savings, and personal information remain secure.

What are the biggest cybersecurity threats to my financial information?

Common threats include phishing scams, data breaches, ransomware, and weak passwords. These can compromise your accounts and disrupt your financial goals.

How can I keep my online banking and investment accounts secure?

Use strong, unique passwords, enable two-factor authentication (2FA), and regularly monitor your account activity for unauthorised transactions.

Should I be worried about sharing financial details online?

Yes, always verify the legitimacy of the platform or service you’re using. Avoid sharing sensitive details via email or unsecured websites.

What steps does Abode Financial Planning take to protect client data?

We use secure, encrypted systems, regularly update our software, and follow strict data protection regulations to keep your information safe.

How do I know if my financial information has been compromised?

Warning signs include unusual account activity, unexpected login notifications, or receiving suspicious emails. Prompt action is crucial if you suspect a breach.

What should I do if I fall victim to a cyberattack?

Immediately contact your financial institutions to freeze your accounts, update your passwords, and report the incident to the appropriate authorities.

Is financial planning software safe to use?

Most reputable software providers implement strong security measures. Always choose platforms with good reviews, data encryption, and 2FA options.

How can I educate my family about cybersecurity?

Teach them to identify phishing emails, use secure passwords, and recognise safe online practices. Protecting personal data safeguards family finances too.

Can Abode Financial Planning help me improve my cybersecurity?

While we’re not IT specialists, we can help you understand the importance of cybersecurity in safeguarding your wealth, recommend secure practices, and work with trusted professionals to protect your financial data.

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Independent financial advisor Cirencester, financial advice for business owners and company directors in Cirencester

Abode Financial Advisers is an Independent Financial Advisor in Cirencester.

Abode Financial Advisers is a financial adviser based in Cirencester, Gloucestershire. Abode Financial Planning is an independent financial advice firm offering comprehensive financial planning services, including: independent financial advice, retirement planning, pension advice, investment advice, wealth management, and inheritance tax planning.

If you wish to discuss your situation, contact us for a no-obligation initial call, held at our expense. Call us on 01285 703 060.

Abode Financial Advisers is located at Watermoor Point, Watermoor Road, Cirencester, Gloucestershire, GL7 1LF.