banking online

If you have been using the internet for shopping or banking or the last decade, you have probably received many notifications, bits of advice, and warnings regarding your information. You can learn more about safe online banking at The truth is that security is fundamental, and these are important tips that can help you to safeguard your financial and personal data.

Use Trusted Computers

You should always use secure computers to access online banking and financial services. For instance, if you use a public computer, there is a possibility that it is free of spyware, keystroke loggers, and malware. Also, you should monitor and control the security system of your computer by ensuring that operating systems, antivirus software, and browsers are up to date.

Use Complex Passwords

Criminals can access your banking information through a dictionary attack. In this case, they try different passwords combinations and sign into an account through a simple password. It is possible to protect your banking data by using strong passwords that contain numbers, lower- and upper-case characters, and punctuation.

Multi-Factor Authentication

It does not matter whether you have a complex password or not, your computer may be having viruses, and there is much you can do. Some banking sites now provide multi-factor authentication. In such a case, you will be required to provide several passwords to log in. If you forget a password, a lot of sites will email you a password link. Any person with access to the email would reset the bank login and even lock you out of the account. Fortunately, a multi-factor authentication means that you have another way of verifying your identity.

Use Trusted Wireless Networks

Your personal information can be compromised no matter the way you manage passwords. As you know, accessing sensitive data on a public wi-fi connection is not a good idea. You should note that criminals can take over an unsecured wi-fi connection and redirect your computer to many pages without your knowledge.

Do Not Get Phished

Nowadays, different websites are designed to collect your information. It is easier to know a phishing scam, but they are still there and are only getting better. Usually, criminals obtain a list of customer email addresses and send a flood of emails that look like to be from a bank or other service. The emails contain links that ask customers to log in, but links direct to fake site collecting user names and passwords. Also, phishing scams use phone calls to make customers provide personal information.