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A warning about your bank money being stolen if you are looking for websites like google  TOP NEWS SpendView in App Data thieves can steal your money: Here's how to protect yourself Rampant use of apps and social media can leave you vulnerable to financial loss. By Narendra Nathan, ET Bureau | Updated: Aug 14, 2018, 11.05 AM IST  Getty Images In our wired world, most devices are connected through Wi-Fi and protecting the connection should be priority. When Trai Chairman R.S. Sharma dared hackers to do him harm by revealing his Aadhaar number on Twitter recently, the online community went into overdrive. The hackers could not do much and Sharma escaped unscathed. However, you may not be so lucky. Reckless sharing of personal information on social media is just asking for trouble. ADVERTISEMENT You can’t be careful enough. “You need to be paranoid about protecting your personal data,” says Nandan Savnal, MD, PeopleSys Consulting, a cyber security company. This is because data misuse is growing thanks to use of multiple devices and all your critical data, including those of a financial nature, are stored online. For example, your email account can be accessed from the desktop, laptop, tab and your mobile phone. A password leak from any one device can compromise your privacy. “The RBI, banks and financial intermediaries can only make the system robust at their end and educate the public. No one can save us if we reveal our own data,” warns Peeush Jain, Head of Retail Banking, Lakshmi Vilas Bank. So what all can you do to protect your personal data and in the process, your money ? Be choosy when giving permissions to apps : * Permission : Calendar What it can do : Read and write in calendar Potential dangers : Business meeting info can be leaked, even to your competitors * Permission : Camera What it can do : Take photo and videos Potential dangers : These apps may also take sensitive photos and videos of you * Permission : Contacts What it can do : Read and write in contacts list Potential dangers : You may be compromising details of others in your contact list * Permission : Phone What it can do : Read and write in call log Potential dangers : Apps will be able to spy on you through your call detail records * Permission : SMS What it can do : Read and send SMS & MMS Potential dangers : Terrorists could use this to send SMS and MMS from the phone * Permission : Storage What it can do : Read, write internal and external storage Potential dangers : Becomes easy for apps to store virus infested files in your storage space In addition to your own data, these apps also mine other people’s data stored in your phone. “You may be compromising someone else’s data. For instance, assume that you have saved someone’s personal number on your phone and these apps will get it, without that someone revealing it himself,” says Tarun Wig, Co-founder, Innefu Labs. The worrying bit is this data extraction is legal as of now and will become illegal only after the new data protection law comes into force. The data mined can be used in a good and a bad way. The apps can push advertisements based on what it finds in your system. For instance, if your phone has a lot of photographs of exotic locations stored, the system will assume you like to travel and push advertisements tuned towards it. However, since some of these apps also contain third party software, they may be extracting other data and there is no guarantee it won’t be sold. While we cannot stop using all apps, we can revoke permission given to them. “Though there are softwares that track permissions given to apps, security of those are also in doubt. The best way is to physically remove the permissions to such applications and allow permission only when it is needed,” advises Wig. For example, allow location tracking permission only when you use Google maps and remove its permission later.