Archives - Online Banking

Set up multi-factor authentication on your banking app

Banking apps contain some of your most sensitive information. For that reason, it’s prudent to enable two-factor authentication (2FA) for them. The options for the second factor will vary by app/bank, but usually include receiving a text code or phone call. 2FA ensures that someone can’t break into your account if they steal your password, […]

Use trusted internet connections when banking or shopping online

When examining your online bank balance or making a purchase, try to avoid networks you don’t typically use, particularly public Wi-Fi hotspots they are not very secure, which makes it easy for others to intercept your data.  When you’re doing important transactions use your password-protected home network or employ a virtual private network (VPN) service.

Avoid credit card skimmers

These skimmers were once a major issue at ATMs and point-of-sale terminals. They can still be risky if you pay by swiping. To stay safe, pay with a chip or tap. At ATMs, consider using an NFC-enabled phone to tap to access your account instead of your physical card. That way, there’s no card number […]

Implement additional protections on your most important accounts

Some online accounts are more sensitive than others. Online banking, e-commerce and social media are often near the top of the list of accounts needing robust protection. It’s a good idea to enable two-factor authentication on these accounts and to secure them with strong password as well.

Log out of any public computer you use

If you log in to a computer you don’t own at a library, kiosk or other public place, be very careful about what you do while using it. Be aware that your activities could be monitored and that it’s probably not prudent to conduct sensitive transactions such as online banking. Most importantly, make sure to […]

Look for the signs of a fake banking website

Online banking is supposed to be safe and convenient. Unfortunately, plenty of imposter sites are out there trying to steal your information. No legitimate bank will ask for your card number or PIN during the sign-in process, although it might ask you to answer security questions or confirm via a separate trusted device. Make sure […]