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There are a few things that I have learned over the years when it comes to keeping my finances secure from scams and frauds. Here is how to prevent online banking frauds using my tips:
- Create complex passwords that include a mix of letters, numbers, and special characters.
- Avoid using easily guessable information like birthdays, names, or common words.
- Use different passwords for different accounts to prevent a single breach from compromising multiple accounts.
- Enable 2FA for online banking accounts, which adds an extra layer of security by requiring a second form of verification, such as an OTP sent to your mobile device.
- Be cautious of unsolicited emails, messages, or phone calls asking for personal or banking information.
- Verify the authenticity of any communication claiming to be from your bank by contacting the bank directly using official contact information.
- Regularly update your computer, smartphone, and banking apps to protect against security vulnerabilities. Install and maintain reputable antivirus and anti-malware software.
- Avoid conducting online banking transactions over public or unsecured Wi-Fi networks. Use a Virtual Private Network (VPN) for an added layer of security when accessing online banking services.
- Frequently review your bank statements and transaction history to detect any unauthorized or suspicious activity.
- Set up alerts for transactions, which can help you quickly identify and respond to any fraudulent activities.
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How to Prevent Online Banking Frauds?
Harish
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1 Year
2024-06-04T10:40:27+00:00 2024-06-10T10:42:32+00:00Comment
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