Mugging and stealing mobile bank id, is there a way to hide the apps?

[WPCentral Question]

Mugging and stealing mobil bank id

A lot of older people are worried after hearing stories of thugs mugging people and getting them to give their mobile bank id?s - getting into their bank accounts.

Similar with SWISH accounts.

Any way to hide apps - ie bank app lies under McDonalds "app" ?

 

[gpobernardo]

Re: Mugging and stealing mobil bank id

Unfortunately, this doesn't seem possible in Windows Phones. In case phone theft occurs, the best defense a user has against identity or information theft is to remotely erase the device either through their Mobile Service Provider or their windowsphone.com account. The first line of defense, however, is setting a lock screen password - Microsoft has made hacking into Windows Phones in an attempt to bypass a lock screen password very difficult, if not impossible.

At any rate, the thieves would have enough time in their hands to go through each of the "apps" to find whatever apps were masked.