Internet-based banking is one of the most recent innovations in banking. It has transformed the way that banking transactions are conducted. Many banks have gone digital and are now reaping the full benefits of digitalization. To ensure that internet banking can be carried out safely, banks have put in place security measures. Customers are responsible for taking security precautions to protect their electronic transactions. To prevent them becoming victims of cybercrime, it is important to remember certain
A recent survey found that more than 60% of active online banking customers were victims of unauthorized account access or other crimes within the last two years. It is important to use some basic internet security tips to protect online financial transactions. In this article I will discuss some tips that you can use to avail these e-services.
You should first and foremost keep your account password and pin number secret. You should not reveal any information related to these two areas to anyone, known or unknown. It is important to change the password at regular intervals and keep it unique.