Fraud! Fraud! Fraud!
In the current time, most people do not invest or do anything freely. It can be said that it has become like a fraud phobia in the users. No doubt, as technology is improving day to day as people are facing problems like scams and all. There is no space to enjoy anything freely. Hackers are using a number of techniques to hack users’ data. It is now very tough work to hack data if the users are not very alert. It is so one must have the basic knowledge like what they have to use and what to ignore. So in this article, you will come across the things which you should keep in mind while using internet banking. You can imagine that if fraud happens to anyone’s bank accounts, then it can destroy the man. Simply, there will arise the situation where one can die.
The main purpose of this article is that you should keep these things in mind because digitalisation has increased the chances of fraud. It has become like digitalisation is directly proportional to fraud. As digitalisation increases, there will be more risk of fraud. Be alert, be knowledgeable.
Here are the top 10 safety tips that you should know which can prevent you from banking fraud.
#1. Keep your PIN secret
This is the most important thing to keep your PIN secret. If you share it with anyone, then in the future, you can have issues related to this. No matter how close you are to your friends and near and dear ones, but never share your PIN with anyone. You should not write this on paper, email or text. So be alert in case of PIN and keep it secret.
#2. Use a strong password
If you do online banking, then you must use strong passwords everywhere, like online payment apps, phone passwords, and all. It is common to use passwords related to your birthday, spouse name, kid’s name, address, etc., like this. For banking purposes, you must not use such passwords. This can be tried by anyone. To make a strong password, you can use both upper and lower characters along with numbers and special characters.
In some cases, you cannot use special characters then you can use letters and numbers. In letters and numbers, do not use your name and date of the birth year, respectively. Let us see which is a bad and strong password. Bad password:- ‘Vikash’ and a strong password:- ’34thirty12twelve3′. So you should go with the latter one to prevent you from fraud. You should never use ‘password’ in your password because this has become common so please try to ignore this word.
#3. Change password time to time
You should change your passwords periodically. Every month you can change the password, or if you do not do it monthly, then you can do it in 2 or 3 months. If you do so, then you can give your password to anyone in case of dire need. After that, you can change your password.
#4. Never give your account details via call or email
Your bank never asks for any information regarding your account details. Even the bank already has all your bank details. So there is no need to share your account details over a call or via email. If you get such calls, then avoid and hang up the call.
#5. Avoid Links
In emails, we get a number of links in which some of them can be insecure. So you should not click on such links. Even in text messages, we get such a link. If you click on this, then your data can be stolen.
#6. Avoid public computers and public wi-fi for online banking
If you do many things related to online banking, then you should not do it by using public wi-fi. If there will be a scammer, then your personal data can be hacked. Another thing it is not good to use your online banking on public computers. You will think that no one sees you while using, but the thing is that their scammers can get all your record from the computer
#7. HTTPS VS HTTP
If you think the two are the same, then it is not so. Both have different meanings. The word ‘S’ in HTTPS means secured. So click on only those links which have https in the link. Never open http links because this is insecure. Top 10 safety tips to prevent yourself from banking fraud.