What is Online Banking?
It is the ability to manage your banking affairs and maintain your bank account throughout mobile and computers from anywhere and anytime. You can do whatever is your need without even travelling to any bank branch with your own convenience. This makes handling account easy without standing in any line of banks.
Most of the banks if they are small or big they have their own banking applications or websites.Also the apps like GooglePay, PayTM, PhonePe, etc. are some apps help in banking and are versatile.This apps are seamless fast and secured if used with proper ways.
Online banking also have benefits:
•Apply for loans
•Check your account history
•Syncing with Mobile Application
•And many more…
All this work can be done anywhere anytime with our convenience. Convenience is increasing but there are many ways a person can get fraud if some wrong steps are taken. Today we will give you some tips on How to do Safe Online Banking without fear of any fraud.
The ways People can be fraud are
•Fraud SMS:- The SMS which we generally get like “Your Monthly Credit Score has been generated click the link and enjoy shopping” are the click baits which if any crucial or sensitive information you feed will be uploaded to the server and can be used for malicious purpose.
•Spam Emails or Phishing Emails:- Phishing refers to the term to steal client’s sensitive data and use for their personal use. Many mails are daily sent to random persons. This channel could be an ATM, internet banking site, mobile banking app or the payment interface on an ecommerce site.
Here we present some tips to Ensure Safe Online Banking
•Change your Account Regularly:- Regularly change your banking account passwords and also keep it strong which will help in security. Also it will be confidential if someone sneaked your old password.
•Do not use public computers to login:- Don’t login in public computers like in cyber cafes and also never allow the browser to remember your ID and password. This crowded places, and there are more chances of your password being traced or seen by others. If any case you need to login, after use just delete all the browsing cache and history to make sure no temporary files remain in the computer.
•Always use genuine anti-virus software:- Anti-virus automatically detects spyware which steal data and removes immediately. It helps to protect computer from malware and other security threats, therefore always use genuine antivirus.
• Check for latest updates of your Smartphone's operating system:- Always update to latest security patch update which device provides. They should also not remove the security controls from the phone often called 'jail breaking' or 'rooting'. They should always look to restrict access that apps ask for when being installed to only what the app really needs.
•Do not share your details with anyone:- Bank never asks for your login credential. So if a call or mails comes and try to convince you that he/she is taking from bank don’t give them your banking information. Keep your banking related information confidential. Always use your ID and passwords only at the official login page of the bank, which is secured from malwares.