Posted in: Make Money

Safety Tips For Online Banking

To protect your account from hackers, make sure you follow these tips. Log out of your email account after using it, and use a private window to browse. Clean up your browser’s cache and history, too. Do not click on links or email attachments – these leave your account vulnerable. Instead, type the bank’s URL into your web browser. Avoid clicking links in emails and always log out after using them. Check your account frequently.

Enable two-factor authentication

When you access your online banking account, you should enable two-factor authentication to further protect your personal information. Typically, two-factor authentication is not enabled by default, so you will have to enable it for the important accounts you use most. This includes your banking, investments, retirement accounts, and personal email accounts. The good news is that this security measure is simple to implement. Read on to learn how you can set up two-factor authentication on your online banking accounts.

Avoid public Wi-Fi

While free public Wi-Fi is a great asset to have when you are on the road, you should be aware of the risks of using it for online banking. You should take extra precautions to protect your information, especially your personal financial information. By following these tips, you will be able to avoid using public Wi-Fi for banking. Listed below are the risks of using public Wi-Fi. Keep reading to learn more.

Avoid clicking on a link

If you’re doing your online banking, you should be careful about the links you click. Although most banks have safeguards to protect your information, there are some that are more effective than others. If you receive an email asking for your account information, never click on it. Banks store all of your personal information on a server, so if the server is compromised, it could be read by anyone. Also, most users should only log in to their online banking page from home. This is because computers used at work may have key loggers installed that can record your passwords and other information.

Monitor your accounts regularly

You should monitor your online banking accounts regularly if you want to avoid fraud and avoid hidden fees. Monitoring your accounts is now easier than ever with online and mobile banking options. Try to log in to your accounts once a week or so and check on the activity. Having your online activity on your screen shows you what has been deposited and deducted from your account. This is an easier way to keep a running balance than writing down every transaction.

Do not share your password on social media platforms

Sharing your password is a big security issue. Not only does it give a potential hacker access to your personal and professional information, it can also lead to the release of viruses and malicious links. You should therefore use separate e-mail accounts for online banking and avoid sharing passwords with anyone. The same goes for social networking sites. It’s always a good idea to use different passwords for your online accounts, such as Facebook and Twitter.

Avoid phishing emails

Don’t respond to suspicious emails asking for personal information. Instead, pause and read the message. A malicious link in the email will not match the description of the message. Make sure to keep up with software updates and avoid clicking on embedded links and attachments. Likewise, never click on the link to open the file or enter any personal information. When in doubt, call the sender and ask for verification. It may be a legitimate request for personal information or a virus.

Did you miss our previous article…

Back to Top