The money management application, Mint, is a great resource to help you keep track of your money and keep your budget. But because you give Mint access to your banking information, consumers always want to know if they can really trust Mint.
Mint is safe for users. The application protects user information with many of its security features, such as Face ID or security code, strong encryption and multi-factor authentication. In addition, if your Mint phone is lost or stolen, users can easily delete their account information remotely. Because the Mint includes so many security features, users should be able to navigate the Mint with ease. In the rest of this article, we’ll look at other security features implemented by Mint that keep its users’ information secure.
How Safe is it to Use Mint?
Mint is a much safer money tracking application to use.
As mentioned, Mint offers its users a number of security features. The best-known manufacturer of TurboTax and QuickBooks, called Intuit, has bought the company behind the Mint application, which supports the same strict security functions as its parent applications.
Take a look at the various security features that the Mint offers.
Codes
When logging onto the app, Mint makes users sign in with one of the following types of codes:
- Face ID
- Touch ID
- 4-digit ID
Depending on the mobile device and / or user preferences, they can choose from these 3 types of security code each time they log in to their Mint account. Of course, Face and Touch ID are the safest, because others may try to use your 4-digit code. But until you provide your password, your account will remain secure.
Multi-Factor Authentication
For added security, Mint offers more than just a login code. The application monitors users’ active devices, which means that the application sends texts or e-mails to its users to ensure that the device used by the Mint is still active.
Strong encryption
According to Law Insider, the strongest encryption for an application is 128-bit for symmetric encryption or 1024-bit asymmetric encryption. Because Mint cares about the privacy of its users, the application provides 128-bit symmetric encryption with monitoring of third-party security websites.
Does Mint Sell Your Data
Because Mint is a free application, we do this by combining user data and selling and distributing data. However, it is important to know that the data is anonymous. The only thing that was published was the data, but no individual information was published.
According to Investopedia, the Mint requires a certain number of transactions and data points before the data will be published. Of course, user data is published in order to better understand how many people spend and save on average. Keep in mind, however, that a user’s personal information is not publicly available, so you don’t have to worry about it.
Has Mint Ever Been Hacked
Fortunately, the Intuit Mint has never been hacked before. However, even if hackers gain access to Mint users’ accounts, not much information is available. User credentials can be secure because private credentials are stored in a completely separate database.
Attempting to hack login and banking information is almost impossible because hackers must physically steal information from Mint servers. For maximum security, there are several layers of security, such as software encryption and other multi-tier hardware. If a hacker somehow gets into your Mint account, he will only see your past transactions and the balance you have in your account. Otherwise, hackers will not have access to your bank details because your account and zip codes will not be fully displayed by currency.
Overall, if the potential of hackers is what prevents you from opening a Mint account, make sure your information is in much safer hands.
How to Keep your Mint Account Safe
If you want to ensure that no one can get into your Mint account, there are a few ways to keep your app from being breached.
First of all, make sure that you never share your passwords with anyone. This is an extremely important tip to keep in mind for any online account in general. If you share your information with any suspicious person or organization, your account may be breached. But this is pretty obvious.
Avoiding sketchy people or organizations is always a good idea.
When you are creating your password for your Mint account, make sure that you create a password that has a variety of numbers, lowercase, and capital letters. Also, make sure that you don’t use the same password that you use for other accounts. Not only is this important for your Mint app, but it’s also important for any of your apps or online accounts.
If you use a computer for your Mint app, be sure to install a firewall or Virus protection on your computer. Some popular protection programs include Avast, BitDefender, Norton, and many others.
Lastly, Mint warns that users that they shouldn’t download any programs from people or companies that they do not know. So, if you get a phone call from a suspicious number or person, do not share any of your Mint account information with them.
What to Do if You Lose Your Phone
If you have a Mint on your mobile device and you cheat or steal it, you can remotely remove it from another device. You can change your password from another device if you’re worried that someone is trying to crack your code and sign in to your account.
But even if someone steals your phone, they may not be able to log in to your Mint account because they may not know your 4-digit code. If you have a Touch or Face ID, they can never log in to your account. So you have to be safe. However, if you feel that you need to delete your Mint account completely because you have lost your phone, you can do so on another device. All you have to do is go to your account, click on “Delete your Mint” and then “Yes” and your Mint will be completely deleted.
The problem was solved.