There’s no doubt about it, online banking is incredibly convenient; however, there are certain risks that do come with this convenience. Accounts are more susceptible to theft when banking is done online, which means that you are more vulnerable to having your money compromised. However, that doesn’t mean that you should steer clear of online banking. Here are some tips that will make your experience as safe as possible:
- Opt for an account that requires a two factor authentication code. This means that you will have to enter generate a unique code every time you log in, and that code is only valid for a short period of time. You will be required to enter your login credentials in order to gain access to that unique code.
- Make a very strong password. Things like your birth date and address are easy to figure out. Choose something that is completely unique to you and that would be impossible for even someone who is very close to you to figure out.
- Keep your computer secure and up-to-date. Make sure you have updated security software installed on your computer. This will help to keep hackers at bay.