Tips for Smart and Safe Mobile Banking

Cyber SecurityAnti VirusSafe & Security

Since the Internet is now widely available, its popularity in conducting financial transactions is undeniable. Because of its widespread use, the internet banking system is constantly vulnerable to cyber-attacks.

You must secure your online accounts as the Internet's rogue residents devise new ways to steal crucial information and access your money. You can keep yourself safe from online frauds with a little effort and a basic understanding of computers and the Internet.

You should take the following actions for a safe and smart mobile banking experience.

Use Weird Passcode

Words, names, and phrases are what cracking programs look for, so use a combination of random letters and digits. One method is to recall a familiar sentence and build the password using the initial letter of each word. Try using a statement with a number in the middle.

Any sentence that isn't general can be used. It's preferable to recall an event that has nothing to do with you, such as the start of a war or the inauguration of your favorite president. Try using special characters (@ for 'at', $ for 's') or capitalizing a letter (not the first) to boost password strength.

Do Not Click on Links

To access your bank's website, always type in the web address (URL). Phishers function in this way: they redirect you to a rogue site that looks like your bank's portal and utilizes the information you submit to gain access to your account.

The login pages of bank websites are encrypted, so when you reach your bank's website, a locked padlock or unbroken key symbol should appear in your browser window. When a secure connection is established, the beginning of your bank's internet address will change from 'HTTP to https.' Suspicious pop-ups that occur during your banking activity should be avoided. Please log out right away.

Delete the Cache and History

When you use the Back button on your browser, it saves the pages you've seen on your computer so the page can be accessed quickly if you want to look at them again. When you delete your cache after visiting your net banking account, you ensure that no one else can see the sensitive information you've seen.

Also, don't utilize the browser's autocomplete feature, which saves or keeps the user name and password. A program might get the information from your browser in a matter of seconds.

Update Your Software

Update your operating system and browser with the most recent security fixes. Only download these from a reputable source. Aside from public terminals, stay away from places that provide online connections via wireless networks (Wi-Fi), as privacy and security are compromised.

Furthermore, if you have a computer at work that is connected to an extensive network, it is likely considerably safer than your computer. The strictness of the restrictions on its use can be used to gauge its level of security. For example, restrictions on installing downloaded software and the ability to access certain types of information, such as Java and streaming multimedia, indicate that security is likely to be adequate.

Use Private Network

Do not conduct your banking on public wireless networks. They are insecure, and hackers frequently use them to set traps. Only use a secured or private wireless network to connect. Also, when banking, do not connect to another device. Each time you log in to a banking program, you will be prompted for a login password. If you see any strange conduct, contact your bank right away. When you install the app on your phone, it may include a problem.

Cover your tracks as much as possible. In some banking applications, essential and confidential information is stored in plain text. After each transaction, look for and erase any data traces that may have been left behind. When you're not using your phone, make sure it's locked to prevent illegal access.

Updated on 30-May-2022 08:01:34