Online Banking & The 3 Best Security Pointers By Robert Jain

By Jason McDonald


With the advent of technology, we have been afforded a number of great luxuries. One of the most noteworthy is online banking, which can be done by simply clicking onto an app on your phone and logging in. The ability to check and manage your accounts from any location is nothing short of remarkable, but there are a few things to know about protecting yourself as well. Here are 3 ways to do so, courtesy of Robert Jain.

One of the ways to do online banking more securely is by using the right network or WiFi. You don't want to log into your bank account with unprotected WiFi, as this can make you a prime target for hackers and even malware-related purposes. If you're asked to provide a password before logging onto the Internet, chances are that this is a safe connection for your banking purposes. Financial authorities like Bob Jain will say the same.

What if you receive an email from someone claiming to be an associate at your bank? Perhaps they'll say that they need access to your account for safety reasons, meaning that they'll probably request your password. This is an easy trick to fall for, but understand that your bank will never contact you with a request like this. More likely than not, it's the work of someone with nefarious intentions, meaning that you should not fulfill it by any means.

If you'd like to make online banking more secure, make it a point to change your password every few months. One of the reasons for this is that it will make it harder for others to break into your account, potentially stealing your information in the process. Your bank company can keep your account safe, but only to a certain extent. The efforts that you take are just as important, if not more so, and changing your password periodically can help.

For those that take part in online banking, it's important to understand that security plays a large role in the matter. These are just a few ways that the security in question can be exercised, not only for your financial well-being but in terms of your personal information in general. You do not want these sensitive details to land in the wrong hands. The more careful you are with banking, the less that you'll have to worry about such potential circumstances.




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