Some top tips for safer online banking

Online banking has become one of the most convenient ways to manage our money. We can access our money any time, day or night, and we can pay bills or arrange any other form of banking through simply firing up the computer.

It is easy and it’s convenient, but that doesn’t mean it is completely safe. The following tips should make it easier for you to have a safer experience when banking online.

The first and perhaps most obvious tip is to create a very strong password. This means being very sensible and not choosing a password that is too obvious in your letter and number choices.

For example, it used to be that most people simply used memorable dates and names to create online passwords. This is not a good idea with online banking. The passwords need to be very sophisticated if you are going to keep your account safe.

Consider using passwords that contain random numbers and letters. You can keep the details safe somewhere in your house. But having random numbers and letters means that people will not be able to guess them easily.

Also, consider using symbols as well as numbers and letters. The best passwords are completely incomprehensible, and contain a wide variety of symbols, letters and numbers. It is well worth making your password rock solid if you are going to have any kind of chance of retaining a secure bank account.

Another important tip is to ensure that the computer you use is up to date. Most operating systems give constant updates to the users that add to your computer’s security. If your operating system (OS for example with Apple) offers you an update, it is vitally important that you take the offer.

Most of the changes will be more than cosmetic, and will offer rock solid security changes that make your computer a safer machine to use online. It may, for example, allow your computer to make judgements on which sites are safe and don’t contain viruses.

Don’t open that email

Also, if you ever receive an email from your bank, don’t open it. The majority of banks that the average person may have an account with will never send you an email for anything more than marketing purposes.

This means that they would not send you an email asking you for account details, for example. But some people think that these emails are legitimate, and do indeed send their account number through an email reply. And then they become the victims of crime.

Don’t even open any email that says it is from your bank if you can help it. This is the best way to stay safe, as some emails can contain viruses that activate upon opening.

So there are some quick and useful tips to make your online banking experience much safer. Make these ideas part of your normal online behaviour and you will be safer all round. And you will be less vulnerable to fraud.

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