With the advent of technology, we have been afforded a number of great luxuries. One of the most noteworthy is online banking, which can be done by simply clicking onto an app on your phone and logging in. The ability to check and manage your accounts from any location is nothing short of remarkable, but there are a few things to know about protecting yourself as well. Here are 3 ways to do so, courtesy of Robert Jain.
One of the ways to do online banking more securely is by using the right network or WiFi. You don't want to log into your bank account with unprotected WiFi, as this can make you a prime target for hackers and even malware-related purposes. If you're asked to provide a password before logging onto the Internet, chances are that this is a safe connection for your banking purposes. Financial authorities like Bob Jain will say the same.
Second, there may be a situation where you're contacted by someone, through email or otherwise, claiming to be a worker at your bank. If they say that they need your personal information for safety reasons or what have you, exercise caution. After all, your bank will never contact you for said information. Chances are that the person on the other line isn't who they say they are, and thinking ahead on the matter will make online banking more secure.
Another way to do online banking safely is by changing the password on your account. Ideally, you'll want to do this every few months so that it becomes difficult for others to break into said account. While it can be argued that your bank can keep you aware of any strange activity, ultimately, they can only do so much to help you. In order to keep your bank account safe, actions like regular password changes are recommended.
For those that take part in online banking, it's important to understand that security plays a large role in the matter. These are just a few ways that the security in question can be exercised, not only for your financial well-being but in terms of your personal information in general. You do not want these sensitive details to land in the wrong hands. The more careful you are with banking, the less that you'll have to worry about such potential circumstances.
One of the ways to do online banking more securely is by using the right network or WiFi. You don't want to log into your bank account with unprotected WiFi, as this can make you a prime target for hackers and even malware-related purposes. If you're asked to provide a password before logging onto the Internet, chances are that this is a safe connection for your banking purposes. Financial authorities like Bob Jain will say the same.
Second, there may be a situation where you're contacted by someone, through email or otherwise, claiming to be a worker at your bank. If they say that they need your personal information for safety reasons or what have you, exercise caution. After all, your bank will never contact you for said information. Chances are that the person on the other line isn't who they say they are, and thinking ahead on the matter will make online banking more secure.
Another way to do online banking safely is by changing the password on your account. Ideally, you'll want to do this every few months so that it becomes difficult for others to break into said account. While it can be argued that your bank can keep you aware of any strange activity, ultimately, they can only do so much to help you. In order to keep your bank account safe, actions like regular password changes are recommended.
For those that take part in online banking, it's important to understand that security plays a large role in the matter. These are just a few ways that the security in question can be exercised, not only for your financial well-being but in terms of your personal information in general. You do not want these sensitive details to land in the wrong hands. The more careful you are with banking, the less that you'll have to worry about such potential circumstances.
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