Online banking is extremely suitable in terms of transacting money. Nowadays, you can transact money from your mobile or computer through the Internet easily. But, every coin has two sides. There are many security risks are related to it. The question is how you can stay safe from online frauds and hackers. In this blog, you will see tips to avoid risks connected with online banking.
Internet users are growing day by day and these kinds of unsuspicious activity also raising. However, it is beneficial as well as dangerous. Check out here how you can avoid online threats while doing Internet Banking.
Keep these 10 smart tips in your mind for safe online banking. Understand how you can protect yourself from cybercrime in online banking.
1. Do Not Share Credentials:
Firstly, never share any kind of bank-related details or OTP with anyone.
If you share these details with anyone then your financial and personal identity are at high risk. If you ever feel or think that somebody may know your password or credentials then change it instantly.
2. Follow Password Guidelines:
When you create a password for your online transaction or banking stuff, it becomes crucial to keep these rules in mind:
- Keep your password between 6 to12 characters.
- Your password should be a mixture of uppercase characters and lowercase characters, numerals, accented letters, etc.
- Never create a password that you have used before for the same account
- Do not include common words, phrases, or your personal information such as birth details, husband’s name, telephone number, address, etc.
It is very important to keep changing your password time to time. It reduces the risk of passwords being stolen.
3. Use Security Antivirus:
Whenever your devices are connected to the Internet, you can become a victim of online fraud. Malware can perform a vital role to change and lock your data.
But, you can use security antivirus software to stay safe from such threats on your mobile and computer. You can use REVE Antivirus software. It comes with ‘anti-spam and anti-phishing technology that protects your device and data by adding a layer of security.
4. Always Install Security Updates:
Windows and Mac operating systems give security updates time to time. These updates are crucial to install on the operating system to protect your data from dangers.
You can install these updates manually. Also, you can go with automatic updates via the settings of your operating system.
Also Read: How To Earn Money Online With Google?
5. Safety Practice:
Whenever you use online banking, keep these suggestions in your mind:
- Use only trusted computers
- Never leave your computer or mobile unattended
- Always log out of your banking accounts after use
- Always use an updated browser for online transaction
6. Clear Browser Cache:
If you are using a public computer, make sure to clear the browser cache. Your login credentials mustn’t be stored in the browser.
Clear the browser cache after logging off from your online banking account.
7. Avoid Fraud Emails:
In fraudulent emails, attackers get important financial details from users by pretending to be the same name as the bank. In this, attackers announced a reward for the users where they ask for financial details.
Make sure that you do not share such information with anyone over the mail because banks never ask a customer for his financial details.
8. Avoid Fake Offers:
If any discount or offer is pleasing to you, then go to the original website of that brand or company and check first. Avoid falling prey to any agent.
9. Check ‘https’:
Whenever you open any of the bank’s websites, make sure to check ‘https’ in the website address bar. If there is no ‘s’ in ‘https’ then it could be a fishing website that can harm you by stealing your data. So, immediately close that particular website and never fill in any kind of your personal bank account information.
10. Opt Mobile/Email Notifications:
Lastly, every online banking services provide certain transaction information on mobile or email. 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.
In conclusion, We hope these tips will help you to stay safe while doing online banking. Share your safety tips for online transactions in the comments section!