New Money Review podcast

New Money Review podcast


Unseen Money 4: Keeping a phone thief out of your bank account

February 10, 2025

In the latest episode of Unseen Money, Timur Yunusov and I discuss how to stop a bad dream turning into a real nightmare: when a phone snatcher has your mobile device and is trying to get hold of your money as well.


We cover:


  • How a phone thief can access your bank accounts
  • The security of contract and non-contract mobile phones
  • Best mobile phone security practices and what to keep safe at all costs
  • Multi-factor authentication and avoiding single points of failure
  • Stopping a phone theft from becoming identity theft
  • Face ID or touch ID to authorise payments?
  • The unevenness of payment apps’ security
  • Why little can stop the determined hacker


We also refer to these New Money Review articles in the podcast:


A phone grabber could drain your bank account in minutes

How safe are payment cards?