SMS & Mobile trading security awareness

1. Mobile and telephone trading security awareness

Osool had taken into consideration the Security of financial transactions, that had been executed from some remote location and transmission of financial information over the air, where The following aspects need to be addressed to offer a secure infrastructure for Osool’s financial transaction transmitted over the air :  

   1.1: Osool is highly recommending the Physical security of the hand-held device.

   1.2: User ID / Password authentication of Osool’s customers.

   1.3: Osool is highly recommending to encrypt the data that will be stored in device for later / off-line analysis by Osool’s customers.

   1.4:Osool is highly recommending Mobile trading users not to receive any suspicious files by Bluetooth from untrusted people.

   1.5: Osool is highly recommending Mobile trading users not to download any suspicious files while surfing the internet.

   1.6: Osool is highly recommending Mobile trading users to secure their mobile phones by remote lock, auto lock, siren, and phone location info.

   1.7: Osool is highly recommending Mobile trading users to install an antivirus for mobile phones to maintain mobile terminals reliably protected against digital attacks.

   1.8:Osool is highly recommending Mobile trading users to set a password on their SIM cards and mobile phones.

   1.9: Osool is highly recommending Osool’s mobile customers in case the system refuses the password twice to directly contact Call center for Password resetting in order to avoid Account blocking.

   1.10: Osool is highly recommending not to send a request from SMS more than a time specially when executing transactions to avoid order duplication.

   1.11: Osool is highly recommending to always clear Sent Box Messages in customers mobiles

   1.12: Osool is highly recommending to Always make sure that the application is closed after the finish of trading.

   1.13: Osool is highly recommending to Always install the latest version of the mobile client whenever receiving a notification regarding a new version is available for being downloaded.


2. Viruses

A software program that is able to replicate itself when a set of conditions have been satisfied. These conditions usually involve human interaction. A virus once activated can be destructive, such as overwriting the files of the local hard disk.