Online banking has become so widespread now it’s hard to imagine life without it. That being said, while it’s definitely something we take for granted these days, there’s no excuse to be less than wary. Here are 5 ways to protect yourself when banking online
1. Always use a strong password
While memorising multiple numbers, words and symbols might seem like a headache, but it’s definitely not as much of a pain in the neck as the one that comes when an online malefactor has cracked your code and empties your account.
2. Make sure your computer is secure
Even when you’re banking at home it’s important to be vigilant. Before logging in make sure your anti-virus, firewalls and anti-spyware programs are up to date, and when you’re finished make sure you log off and clear your internet history.
3. Use a VPN if using a public computer
Public computers are easy targets for scammers and bad places to do your online banking. If you have to, it’s worth setting up a VPN (Virtual Private Network) which allows you to establish an encrypted connection to your home network.
4. Be wary about the emails you receive
No bank is going to ask you for your banking details via email. If in doubt don’t be afraid to call the bank to confirm. And never send your personal details out through email (no matter how compelling an argument the Prince of Somalia is making).
5. Keep an eye on your accounts
If you have been unfortunate enough to have had your account hijacked, time is of the essence. Keep a close eye on your bank accounts. If you notice something isn’t as it should be, contact your financial institution as soon as possible.
Have you ever fallen foul of an online banking scam? Do you take the abovementioned measure to make sure you’re banking safely online? Let us know in the comments.
This article was written in partnership with Over60.