When you use your credit or debit card to bank online or make any kind of electronic financial transaction, you are in a risk that your personal information or money could be stolen. Especially now when are doing online shopping almost daily, this threats almost each one of us. Today in this blog we are going to discuss the threats of online banking and here we will offer you some tips for secure online banking as well, Learn tips for Secure Online Banking, Be smart and act wisely.
How You Get Hacked ?
Phishing is a technique used to hack password or steal login details of websites. Phish pages are fake pages that look the original web page where you’re taking the information from.You can see the difference between a phishing page and the original page is the address bar link , redirection post, and get method. To identify a fake link, Just check the address bar URL for the fake page or Phish page. It will be showing a different URL than the original. The best practice is to install a web security toolbar in your browser to identify the phishing automatically, and to stop your browser from visiting Phishing pages.
Trojans are a type of virus that steals your information. There are a few forms like keyloggers or RATs (remote administration tools). A keylogger monitors all the keys that you have pressed on your physical keyboard, stores them in a log, and sends the details to hackers. Using RAT, a hacker connects to your system anonymously, without your information when you are online. RATs have a huge list of functionalities and they are the best type of hacking tools available on the market. Now, how do you protect yourself from a keylogger? Just keep your antivirus software updated and install a key scrambler that encrypts your keystrokes.
We use wireless networks to access the internet But wireless networks are easier to hack due to their weak encryption. When hackers hack wireless networks, they take control of the internet data transfer and redirect the user to their intended path. Suppose you want to visit you mail account or bank website when a hacker gains access and then he redirects you to somewhere on the page and captures your account details. Packet sniffing is another way to hack account information and credentials using the wireless networks. Through this one can capture packets and decrypt information to get data in the form of plain text.Now if you want to protect your data you just have to hide your SSID and BSSID from being discovered by the other networks. You should leave the SSID or BSSID empty in order to prevent anyone to peep through your account.]
You can read more about online banking frauds , Click HERE
What Makes You Vulnerable To Hacking ?
Give up this habit for Secure Online Banking
1. You used wireless Internet that was not password protected.
2. You regularly conduct banking transactions through public Internet.
3.You continuously use ATMs in sketchy locations.
4. You shopped at a major retailer who has had their data breached by hackers.
5. You opened an Internet link via text from an unknown number.
Tips For Secure Online Banking :
Be Careful While Logging In :
1.Avoid using Internet Banking on shared computers like Café or Libraries. It’s always best practice to connect to your bank using computers and networks you know and trust. But if you need to access your bank online from different locations you should set up a VPN (Virtual Private Network) that will let you establish an encrypted connection to your home or work network and access your bank from there.This leads you to Safe Online Banking .
2. Always Log off on Internet Banking and remember to close your browser when you are finished with your online banking. This will reduce the chances of falling prey to session hijacking and cross-site scripting exploits. Note: Use incognito window while using a guest computer.
3.Disable the ‘Auto-Complete’ function within your browser
4.Install firewall and anti-virus software and keep it up to date to help detect and disable the malicious software,It will ensure you are protected from Trojans, keyloggers and other forms of malware that could be used to gain access to your bank data.
5. Don’t save your banking credentials in your browser. Disable auto save password feature in your browser.
Use Your Account Safely :
1.Change your Internet Banking password regularly and never disclose it to anyone.
2.Always use strong password with alphanumeric keywords along with special characters, which are difficult to guess and use different passwords for multiple accounts.
3. Never write them down.
4. Do not give your account information to telemarketers or to callers claiming to confirm or verify your account information.
Be A Smart User :
1.Beware phishing emails and texts.
Think twice before clicking suspicious emails, Bank will not send any requests asking you disclose your Passwords, Credit/Debit Card numbers, Bank account numbers, or other personal or financial information. In case you get an email or a phone call asking your personal security details to disclose your password,Just contact to the bank. If you receive such an email that appears to be sent by your bank then treat it with suspicion as it may well be a phishing attempt to trick you into handing your credentials over.
Tips to identify a phishing email:
1. Hover the cursor over the link and look at the left bottom corner of your screen. You will see the link details. Where your bank link must start with https:// symbol along with your bank name.
2. You should always receive a personalized email from your bank. For example: Email should start by your name, but not dear customer or anything like that.
3. Your bank will never ask your for your login password or any account information over the phone and email.
2.Report Any Suspicious Activity:
Customers must follow their account activity in order to quickly identify and report abuse.Monitoring your bank statement each month is a good habit as you can easily find out unauthorized transactions .If you are getting notified of money withdrawal or online shopping and you feel you have not made it just report it to the bank authority as soon as you can.Some banks offer a facility for customers to set up text or email notifications to alert them about each and every activity on their account. For example, if a withdrawal matches or exceeds a specified amount balance a then an alert will be sent.
Tips to follow:
1. Setup text and email notifications for login as well as transaction notifications.
2. Regularly monitor your last login details in your bank dashboard.
3.Always use the official app of your bank:
Download the relevant banking application on your mobile, avoid using the browser. If you can’t get your bank’s app, use a secure browser, especially on Android phones. install or enable remote wipe in your mobile. This is so that if you lose your phone, you can delete all information you had stored on your phone.This will lead you one step further to Secure Online Banking.
4.Mind Your Security
There are few more things you should keep in mind while doing Secure Online Banking –
. Choose an account with two-factor authentication
. Create a strong password
. Secure your computer and keep it up-to-date
. Set up account notifications (if available)
. Store your computer information safely
. Backup important files
Remember hackers make benefit of your stupidity, We ourself fall trapped in cyber frauds, Make sure you are using your personal computer during any sort of banking activity and It is very important that your Browser is secured. If you are still confused about how to make it safe then we are here to help you.You can try our live chat facility where you can consult with our technical experts anytime you want.
Hope you find this article useful about Secured Online Banking. Now Read some more related to internet security.