Online banking or internet banking has become part of our life. Are these internet banking transatctions secure?. How do we secure our internet banking accounts. What are the security measures we should take to protect our online banking accounts?. Find all the answers in this article.
Security hazards of online banking
Though internet banking enables the customers to perform various money transactions, it has its own security hazards. The customers who are using internet banking or performing online transactions need to have sufficient knowledge on the security hazards. There are many unscrupulous agencies which try to hack the account and swindle money. There are several instances reported where the accounts of people have been used by others without their knowledge.
How to make the online banking account more secure
The money in our account is hard earned and it is our duty to safeguard the money with sufficient security measures. Following are some of the tips which help the people to secure their online banking accounts:-
1. While accessing your account please go to the web site through the browser typing the domain name/URL
2. There are instances where people get mails purported to have been sent from your bankers asking you to update the information like login id , password , account number date of birth etc. This is totally bogus and no banks will ask for such information. The website clicked through such links resembles the bankers site but it will be a totally different domain and the information collected through such link will be misused.
3. Your login ID and password should be kept very secret. If you are accessing your online account from any public place like internet café or from a system being shared by others, make sure that you do not save the password in the system.
4. Create a very strong password consisting of alpha, numeric, special characters, capitals etc., Though it is difficult for the users to remember the password most importantly it would be very difficult for hackers to break the password.
5. Change the password of your internet banking frequently.
6. Use licensed antivirus in your system which will ensure protection from malwares and spywares.
7. Remember to logout your session soon after completion of you transaction and close the browser.
8. Check your account balance regularly for any illegal transactions.
9. If your bankers have provided the facility of virtual keyboard, please type your user id and password through virtual keyboard. Use of virtual key board provides protection from malwares and spywares.
10.The online banking has the option of stipulating the limit for transaction. Ensure small amount as a limit this will avoid larger losses in case of any misuse.
11. Activate your mobile number with the bankers for receiving SMS for any transaction in your account.
Security hazards of online banking
Though internet banking enables the customers to perform various money transactions, it has its own security hazards. The customers who are using internet banking or performing online transactions need to have sufficient knowledge on the security hazards. There are many unscrupulous agencies which try to hack the account and swindle money. There are several instances reported where the accounts of people have been used by others without their knowledge.
How to make the online banking account more secure
The money in our account is hard earned and it is our duty to safeguard the money with sufficient security measures. Following are some of the tips which help the people to secure their online banking accounts:-
1. While accessing your account please go to the web site through the browser typing the domain name/URL
2. There are instances where people get mails purported to have been sent from your bankers asking you to update the information like login id , password , account number date of birth etc. This is totally bogus and no banks will ask for such information. The website clicked through such links resembles the bankers site but it will be a totally different domain and the information collected through such link will be misused.
3. Your login ID and password should be kept very secret. If you are accessing your online account from any public place like internet café or from a system being shared by others, make sure that you do not save the password in the system.
4. Create a very strong password consisting of alpha, numeric, special characters, capitals etc., Though it is difficult for the users to remember the password most importantly it would be very difficult for hackers to break the password.
5. Change the password of your internet banking frequently.
6. Use licensed antivirus in your system which will ensure protection from malwares and spywares.
7. Remember to logout your session soon after completion of you transaction and close the browser.
8. Check your account balance regularly for any illegal transactions.
9. If your bankers have provided the facility of virtual keyboard, please type your user id and password through virtual keyboard. Use of virtual key board provides protection from malwares and spywares.
10.The online banking has the option of stipulating the limit for transaction. Ensure small amount as a limit this will avoid larger losses in case of any misuse.
11. Activate your mobile number with the bankers for receiving SMS for any transaction in your account.