How to avoid online banking fraud ?
1.Change your password regularly: Users must change their password after the first log-in for online banking. Besides, keep changing your password at regular intervals. Needless to say, don't disclose your password to anyone, not even the banking staff.
2.Avoid using cyber cafes for banking purposes: Avoid using the Internet banking facility from cyber cafes, libraries or from systems installed in public places. But in case it is an absolute necessity, you must clear the browser cache and delete the temporary files on the PC you've accessed the Internet from.
3.Don't use personal details in the password: Avoid using your date of birth, telephone number, address or name in your password. This practice makes your account more vulnerable to being hacked as your password can be easily guessed by just about anyone. Besides, do not leave your computer unattended while you are logged in to the bank site.
4.Don't let your browser memorise your details: Never let your computer remember your passwords, names, etc. Always disable the browser's option of storing user names and passwords.
5.Don't e-mail credit card and account details: Make it a thumb rule not to send credit card or account details via e-mail to anybody, or in response to an e-mail.
6.Shop at reputed sites only: While shopping online, please wait for a second and check if the website is an established one and a reputed name in the online shopping domain. Always check if the shopping site has a well-established permanent address.
7.Log off when finished: Always log off after Internet banking once you are done with it. You need to log out from the website and do not shut off the window in order to log off from the session.
8.Look for the padlock and the 's' in the URL: While making online payments, check whether the website is secure or not by looking for, i) a padlock symbol at the bottom of your browser, and ii) an 's' added to http in the URL. It should then be https.
9.Check the account: Whenever you make a transaction, immediately check your account and see if the right amount has been deducted or added to it. In case there is any misappropriation, inform the concerned bank immediately.
10.Don't follow the links: Always reject any e-mail that asks you to follow a link to the website of your bank. You may end up revealing your personal details on a fake bank website, from which hackers steal information.
11.Don't open multiple browsers: You must not open multiple browsers during Internet banking. Also equip your system with an up-to-date anti-virus software and have a firewall installed in it.
12.Destroy the receipts: Do not keep documents and receipts related to your online translations. They usually carry confidential personal financial information. You had better destroy or shred such documents or receipts to stop them from falling into the wrong hands.
13.Don't share your personal information on websites: You shouldn't give your e-mail address at websites without knowing how it will be used. Besides, do not share your personal information like date of birth, etc, on the Internet unnecessarily because it can be used by others to unlock or generate your account password.
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