Many consumers are now using online banking on a daily basis. It enables you to manage your assets, balance checks, move money, and online payment of accounts. Online banking is an easy way to access the services of your bank. Internet banking support banks take great steps to make sure your sensitive details, web-site protection and money are secure.
If you want to bank online, danger and threats are present, but user awareness will help keep them under control.
How does online banking work?
On your bank’s website or with an agent, you can register and chat with someone who is available by phone 24/7 for questions and who can help you with financial questions. You can issue a temporary PIN, which allows you to access your online banking system. This PIN can also be used online to sign up for the bank. If you sign into the website, your accounts will be listed.
The security link to the bank’s website should be made using SSL technology. SSL is basically the code used for encrypting and decrypting messages from your PC’s web browser to the network at the bank. You secure messages from reading when transferring them across the Internet by encrypting the data. The use of SSL is indicated in the web browser and at the end when you log in using your PIN it is always read https:// instead of http:// “s” search. In the corner of your screen or in the address bar, you can also see a padlock button.
What is the risk?
“Phishing” plans duplicate bank websites and require clients to log in to their accounts are one of the biggest threats. Others send email requesting confidential personal financial details, supposedly from the bank or its employees. The two of them also work in conjunction with an e-mail with a connection to a fake bank website. Both scams are designed to steal consumer IDs and passwords, which give a thief access to financial accounts for the person.
It is necessary to remember that your personal password or ID will never be sent to a bank or called by a bank.
Pay attention to the web address in the browser window’s address box
Web addresses should always start with “https://” rather than “http.”
• Make sure the correct website address is linked.
• Be sure your browser does not show alerts on site.
• TO make sure the site corner shows the padlock in the bank before logging into the website.
• Maintain up to date anti-virus and anti-spyware applications.
• ALWAYS logout from a device in a public place, e.g. coffee shop
• Do not answer a warning message alleged to be from your bank.