Those days were gone when people like to visit the bank every time banking work like transactions. But, now as the world is becoming digital and online banking takes place, it will become really easy for people to do banking and all their bank related work by sitting at your home and they don’t need to visit the bank.
In the present scenario, banking or doing online transactions is risky sometimes because there are lots of bad people who will steal all your banking data and then, they will blank your bank account by following our online banking security tips to protect your finances like a pro.
Online Banking Security Tips
It is really not good but there are lots of people who face this type of problem. On a daily basis, lots of new cases take place who became a victim of this problem. We know that people can’t leave without online transactions and internet banking.
So, if you are one, who can’t live without internet banking then, you don’t need to worry about it because here we are sharing a complete list by which you can save your bank account and money from unwanted users or from attackers as well.
How to Protect Your Finances Like a Pro?
To know more, read this complete article.
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Set a Strong Password on All Online Banking Apps and Websites
At time internet banking, you are required to use a strong password in the process to keep your account safe from attackers. It is one of the basic things which generally people use to secure their internet banking.
But, there are lots of people who use their name, surname, date of birth, and also their phone number as their password which is completely insecure and people can easily predict your internet banking password.
So, in the process of making it strong, you must include the upper case and also the lower case in the password. Apart from this, you also need to use the numerals and the characters as well in your password. Make sure that the password must be different for all the accounts.
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Enable Two-Factor Authentication on All Banking Platforms
Now, one of the other methods which help you to keep your account safe from hackers is Two-Factor Authentication. It will help you to increase the security of your account.
Also, it will enable the account to not to get accessed only by the password and when you try to make a login by using your password then you also need to enter the OTP as well which you will receive every time on your registered mobile number every time when you try to make a login.
Without entering that OTP, you are not able to access your account online and can’t access your internet banking.
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Enable SMS Service to Get Instant Messages from Bank
At present, mostly all banks provide SMS alert service. This service helps users to know about each and every transaction related to their bank account.
Also, lots of banks provide this service free of cost but some banks charge a minor fee for this service. Without any hesitation, simply start using this service in terms to secure your bank account from fraudsters and attackers.
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Beware of Fake Calls, SMS, and Calls
As money transfer is becoming easy because of internet banking, scammers are also taking place more and more. Scammers do lots of scam calls to people where they ask for their bank details and also OTPs as well.
Make sure to ignore all these types of calls every time when you get these types of calls because your bank didn’t ask you about your bank details, password, SMS, and emails on call.
So, in terms to secure your account, never share your personal banking details with anyone.
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Use Only Trusted Devices
Make sure that if you are willing to access your internet banking and don’t have your personal devices to do so then please don’t use someone’s mobile or public PC to login into your internet banking.
By doing this, they may save your login details and it may be the reason behind your password leak and it will create a big issue for you.
Also, if you didn’t see another option then you need to ensure that you make a login into your account online by using the incognito window.
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Secure Your Devices
On the banking apps on your device, you need to make sure to put an app lock on them. Also, set a password on your device as well so that no one can use your device or banking apps without your permission.
Don’t use the baking apps on rooted devices because if you do so then it will become easy for attackers to attack your device.
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Never Visit Malicious Hyperlinks on Any Website
If you are sitting at your home and receive any type of SMS which contains links, email, or any social media or any address which seems known to know where they ask you to enter your personal details then make sure to never click on these types of links.
If you click on these links then they may steal all your personal details like your account details. Make sure to never make a login into these types of websites in terms to secure your bank account.
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Check Transaction History
Make sure to check your bank transaction on a regular basis and also keep your bank passbook up to date.
Nowadays, mostly every bank provides a bank statement service via internet banking and also you will get to know all the transactions history by using the internet banking service.
Make sure to check the bank statements on the regular basis.
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Avoid Using Public Wi-Fi
If you are not at home and want to access your internet banking then make sure not to use public wifi in terms of access to your bank account by making a login. By doing this, it will become really easy for attackers to steal all your banking data on the same network.
If you urgently need to access internet banking on public Wi-Fi then make sure to use the VPN service first in the process for the connection encryption. But make sure that if the network is infected then the VPN service is also not helpful for you.
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Shop on Branded Platforms Only
If you love to do online shopping then make sure to shop only from trusted sites. Also, while shopping makes sure not to save your account details on these sites.
Also, set the wrong answer to the security questions so that hackers didn’t judge them easily. Also, after shopping, make sure to remove your debit card or credit card details from the shopping sites.
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Use Premium Antivirus Software
Also, make sure to use the Antivirus software on your devices and make sure that they are safe and trusted. Also, update your antivirus and firewall on the regular basis.
By using the antivirus software, you have to scan your mobile and computer for viruses. Apart from that, you must have to use ad-blocking software and also spyware detecting software in terms to secure your privacy.
We Recommended – Avast Pro
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Do Online Transactions via Trusted Sites
If you want to use the online transaction service in the process to make any type of payment online then make sure to use trusted sites only.
There are lots of third-party payment apps which were provided by the banks to attempt online transactions such as PayPal, Gpay, and also some others apps as well. Also, make sure to do the transactions where you will see that they are started with the “https://“.
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Install Verified Applications Only from Trusted Platforms
Now, if you really want to do safe online banking and transactions by following our “Online Banking Security Tips” then make sure to install the apps which were verified from the sources if you didn’t do it then they may steal all your data in the background process.
Also, at the time of installation, make sure not to allow them and never give permission to them because it may harm and lose your data and files as well. There are lots of online attackers available who use these apps to steal your data.
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Check Whether Your Connection is Encrypted or Not
One of the simple security which was provided by your bank is encrypting their websites. Also, in the process of ensuring the encryption, you are required to check the green padlock which shows that the site you are accessing for payment is encrypted also there you can easily fill in all your login details without any hesitation.
Final Words:
We know that internet banking makes life easier for everyone in terms of doing cashless transactions during this epidemic.
We, people, realize that internet banking is one of the best methods to do transactions without any human touch and mobilization.
But, hackers are taking benefit of this because they use internet banking to steal your money and data. So, if you want to be safe then make sure to follow the above-given guidelines in a careful manner for the online transaction. These small steps are helpful for you to save you from a big loss.
If you like this article and find this article helpful then make sure to share this article with other people like your friends and family and help them to keep safe by following our Online Banking Security Tips. Also, if you have any issues or queries then simply let us know by dropping a comment below.