8 tips for safer online banking

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Top Ten Tips for Safe Online Banking
Malware can allow cybercriminals access to your computer by recording and sending out keystrokes. Both accomplish the same task—isolating your financial transactions from other processes on the computer. The password should have a mix of upper and lower case letters and numbers. Never use a public or shared computer for your banking transactions. Typing in your password could be recorded while you are logged in elsewhere.

Steps to secure online banking

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Languages teasing about "PIN numbers". Before logging into your bank account close the browser. Open it, clear the cache or set the browser to clear the cache on shutdown, more convenient , go to your bank webpage type it , log in, do your business, log out. Once you get used to this you do automatically and honestly, it does not take so much time, you will not even notice any difference.

From a KISS perspective it may be easier to get buy-in to instead say "use a different browser for banking". If you use Firefox for everyday surfing, use Chrome for banking. Since most folks tend to use the same browser for everything, by using an alternate browser for banking the cleaning up you're after wouldn't be necessary. I am one for forgetting my password often, so I've thought of a novel one and have changed it to the word "Incorrect" so whenever I make a mistake the site will come back and tell me "Your Password is Incorrect" LOL.

Sadly, very very few banks have real two-factor authentication. Asking you to enter something else you "know" — e. Make sure your bank stores passwords in an encrypted format. If you click on the "forgot password" and the bank sends your password in plain text, then they are storing it in plain text or are using an encryption method that isn't worth a grain of salt! Having installed it I find that all banks including Paypal are making use of it. Has Sophos any opinion on Trusteer Rapport?

When accessing your bank account from a smart phone, always use an app provided by the bank rather than a browser. I was advised to never use an administrative account on the computer when accessing my online banking. It's not just banking. I'd recommend logging in as a user with the lowest possible level of privilege you need to get your normal activities done and then use sudo or runas if you need to accomplish something with admin privileges.

Thanks for the article. The 9th thing we would all like to do is choose a bank that has a record of never losing any account data for it's customers. I agree that it is a good idea to set up an account notification if it is available.

This is really nice because then you are alerted almost instantly if something weird is going on. You might even consider setting an intense tone to go along with it when that message comes through. You are commenting using your WordPress. You are commenting using your Twitter account. You are commenting using your Facebook account. Skip to content Award-winning computer security news. Zero Access, vulnerability disclosure and the evils of RTF. Creepy T-shirts designed to baffle Facebook facial-recognition software.

Banking online banking online safety phishing tips two-factor authentication. Do not respond to any email asking for information or click on any links in such emails. If you want confirmation as to whether it is legitimate, call your bank directly. Scammers might provide a faux number to call. It may have some type of malware that could be a security risk. When viewing and completing the login page for your online bank, look out for any unusual questions — and watch for requests for more information than you usually supply.

Online banking can be convenient and safe. Whatever form of two-factor authentication your bank offers, take advantage of it. For the best security, you should avoid doing online banking when connected to a network you don't control. If you can't resist, at least connect through a Virtual Private Network. Now nobody can read your encrypted traffic. Do note that logging in using a VPN changes your IP address, which may cause the website to require an extra layer of authentication.

Use Your Data Plan. However, if you're doing online banking on a mobile device, you have a degree of protection built right in. Just turn off Wi-Fi and connect using your cellular data plan. It's a lot harder for criminals to sniff your cellular data stream than to snag passwords from network traffic.

You should definitely install a security suite for protection against exploits and password-stealing Trojans. When choosing your suite, look for features aimed specifically at protecting financial transactions. The SafePay feature in Bitdefender Internet Security launches your financial sites in a hardened browsing environment that includes a virtual keyboard for added privacy.

Kaspersky Internet Security 's Safe Money feature automatically opens financial sites in a sandboxed instance of your default browser. Both accomplish the same task—isolating your financial transactions from other processes on the computer.

It's always possible that despite your best efforts, your account could get hacked. Make a point of logging in several times a week, or even daily, to check recent activity. The sooner you detect a breach and report it to your bank, the better your chances to regain control of your money.

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Here are seven tips for safe online banking. Use a Strong Password. It probably doesn't matter if someone else gains unauthorized access to your Club Penguin password. Use a Password Manager. Enable Two-Factor Authentication. Use a VPN. Use Your Data Plan. Get Help. Check It Often. Sep 15,  · 7 Tips for Safe Online Banking Online banking is just as convenient for the bad guys as it is for you. They don't need guns, masks, or getaway cars to rob your online account, just a cracked gzhegow.tktion: Lead Analyst For Security. Banking Tips We are committed to helping ensure the safety of your financial identity, your financial assets, and your personal information, but we need your help. We ask that you observe the following best practices.