How to Avoid Internet Banking Scams
There are many scams or deceivers moving in the Internet. We must be very careful versus them particularly in defending our bank accounts or online investments.
Internet banking fraud is one type of online scams with the purpose of poaching the user’s personal information like log in ID, password, deposit account number and other private information. In order to prevent becoming a victim of scam, there are few facts you must be familiar with to defend your deposit account.
How to know security when using online banking?
A secure site has a sign usually of VeriSign, a security company that ensure the website you are touring is secured from hacking or counterfeit. Typically, nearly all banks and those that requires payment system in the Internet has Veri Sign logo or authentication in their website. Some banks use different kind of safety attributes other than VeriSign.
In addition, instead of ordinary http in the web site’s URL address, a protected website has https. You will notice also the change in color of the left side of address bar to blue or green when you look around a high safety site.
In order to avoid online banking scam, you can think the following tips when you are going to use Internet banking.
1. Protect your Password
Make sure it is difficult to crack and that you change it regularly. Do not write it down or share it with anyone but make it sure you will recall it easily.
In making a password, combine capital and small letters, numbers and symbols so it would be harder for other persons to guess it. Moreover, refrain using password that is connected to your personal data such as the names of your kids or wife, birthdays and place of birth.
2. Beware of any phone, mail or email contact requesting you to verify your personal ID or statement information. Do not reveal any information related to your bank account or any financial accounts to persons asking to know it.
3. Make sure you are logging in to your online banking’s authentic website. Many sites copy the appearance of some bank web sites so they can steal the user’s log in ID and other private information.
4. Always log-out your account particularly when you use it at public establishments such as libraries and Internet shops.
5. Install a firewall and anti-virus to protect your computer from all viruses and malwares so it will not reach your computer and Internet access.
Online banking scams is very common in the Internet so it is very important to guard your private and online account information versus this crime. You can see the advises above so you may safeguard your Internet banking whenever you are using it.
Mike Walker is a finance blogger who likes writing on saving, investing and Internet banking. To learn helpful information about , you may visit blog for helpful posts on saving, investment and online banking.
