Saturday, 11 June 2011

Online Banking security guidelines

Internet Banking is convenient and times saving. You should not go to bank for each and every transaction. You can pay all your utility bills, credit card payment, online purchases etc., through online banking with the convenience and privacy of your home. You should need a computer and internet connection to do all these transactions. No doubt it is a blessing for all. But like all other technological developments, internet banking also has some dangerous disadvantages. The main disadvantage is identity theft. If anybody gets your login details,  they can also login to your Online Bank Account and can make all transactions for their benefit. The following are some important guidelines you should follow when you use internet banking.

Always use Banks Website URL. When you visit your banking site for login to your account, type the original website url (www.yourbank.com or www.yourbank.co.in) of your bank, If you click through any hyper links, be careful that the hyper links may be direct you to any other website which may feel similar with your own bank’s website. Never give your Internet Personal Identification Number (IPIN) in any other websites.

Do not disclose your IPIN. When you enter your IPIN to your net banking site make sure that nobody is watching your IPIN. You must not disclose your IPIN with anybody including your bank Staff. Your bank will never ask your IPIN or your password.

Be careful about emails. Your bank will never ask you to enter your account or card information including personal details, password or IPIN through email. IF you got such email, just inform your bank about the suspicious email.

Phishing scams or phishing emails. You may get phishing emails which ask you to click on any link and enter your personal details and banking information. Never click such links, but inform your bank. Your bank may have special email – id to complaint about the phishing emails and you can forward such emails to bank and they will take care of it.

Avoid shared computer to login to your net banking. Do not use any shared computer or devise to login to your net banking account. You should confirm that the computer you use is free from any spyware or viruses. Use only your home Computer or such reliable computer for net banking transactions.

Use legal software and Antivirus packages. Always keep updated your antivirus and other software you use in your computer. Use only legal trusted software to avoid Spyware, viruses etc. which can access your password and confidential details from your computer. Be careful about free software which speedup your computer and internet connection, third party toolbars etc. If you feel any software is not trustworthy uninstall it soon.

Always logout after use. If you login to your online bank account do all your required work soon and logout immediately. Do not leave your computer unattended while you using online banking service.

Be vigilant about your banks messages. If you get any online alert or SMS message from your bank about any transaction or any changes done in your accounts without your knowledge, contact immediately to your bank customer care.  If you have noted any suspicious activity in your online banking account, contact soon to your bank or nearest branch.

Lost or stolen details. If your Credit card, debit card or any bank related details has been lost or stolen, immediately inform your bank over phone or inform the nearest branch of your bank.

Know your bank security tips. Your bank is always ready to help you and also ready to ensure you the convenient and error free banking.  Always co-operate with them and read all their security alerts and tips regularly.

You must have heard that if you are careful, you must not be sorry for any miss happenings. So always take all security measures while using an online bank account which gives you more comfort and convenience.

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