Online banking is a very convenient means of transacting money. Sitting anywhere, you can do money transactions from your mobile or computer through the Internet. But there are also many security-related risks associated with this medium, to avoid which online banking users should use security tips.
Internet users are increasing day by day, along the danger on them is also increasing. As much as it is useful for you, it can also be harmful to you. Let’s see how you can avoid online threats while doing Internet Banking.
Here are a few smart tips to keep in mind for safe online banking:
Never share credentials
Your online banking password, bank machine personal identification number (PIN), credit/debit card number, and other such credentials can put your financial and personal identity at great risk if shared with anyone. If you think someone may know your password or credentials, change it immediately.
Follow Password Guidelines
Whenever you create a password, it is important to keep some of the following rules in mind:
Keep your password between 6 and 12 characters
Use a combination of uppercase and lowercase characters, numerals, accented letters, etc.
Do not create a password that you have used before or for the same account
Do not include common words, phrases, your personal information such as birth details, husband’s name, telephone number, address, etc.
Along with this, it is also important that you keep changing your password from time to time. This greatly reduces the risk of your password being stolen.
Security Use Antivirus
When your computer or mobile phone is connected to the Internet, it can become a victim of online threats. Malware can do a lot of harm to you by changing or locking your data.
You can stay safe from such threats by using Security Antivirus Software for your Computer and Mobile. Many Antivirus software with ‘anti-spam and anti-phishing technology protects your device and data by adding an extra layer of security to it.
Always install security updates
Windows and Mac operating systems push out security updates from time to time. These updates are very important to be installed on the system as they protect your data from new and emerging threats.
You can install these updates manually at regular intervals or you can opt for automatic updates through the settings of your operating system.
Safety practice
Whenever you are about to use online banking, remember these tips:
Use only trusted computers while traveling
Never leave your computer or mobile unattended
Always log out of your Online Banking accounts after using
Always use an updated browser when browsing your Online Banking account
Clear Browser Cache
If you are using a public computer, be sure to clear the browser cache. This is important so that your login credentials are not stored in the browser. Once you are logged off from your online banking account, clear the browser cache.
Avoid Email Fraud
In fraudulent emails, attackers get important financial details from users by pretending to be the same name as the bank. In this, a reward is announced to the user for which their financial details such as name, address, mobile number, bank account number, etc. are asked to tell.
Make sure that you do not share such information with anyone over the mail as banks never ask a customer for his financial data.
Avoid Fake Offers
If you like any discount or offer, then that brand or company Checks by visiting the original website to avoid falling prey to an agent.
Check ‘Https’
Many of you may unaware of this fact Whenever you open the bank’s website, make sure to check ‘HTTPS’ in the address bar. If there is no ‘s’ in ‘HTTPS’ then it could be a fishing website that can harm you by stealing your data. Therefore, immediately close such a website and do not fill any kind of your information.
Opt for Mobile / Email Notifications
Most online banking services now provide information on mobile or email for certain types of transactions and activities. This way you can keep yourself up-to-date about the activities taking place through your Online Banking account and take immediate action if anything happens without your permission.
– Ganesh Adwani
Jaipuria Talks Blog 