- May 5, 2013
- Posted by: admin
- Category: Financial Ideas
One of the best gifts of the tech-savvy culture is the online banking. You can do financial transactions without rushing to the bank now. What more, you can buy gifts for your family without going to the store also. However, you do have to submit your bank account or the credit card numbers while banking online. This puts your financial health at risk. You make one mistake and the identity-thieves will topple your financial life. The key to avoid making financial blunders is to be extremely careful and conscious.
Go through the following lines to remain safe while doing online financial transactions.
- Keep different names and passwords for several accounts.
- Create a powerful password. Make sure your password consist of symbols, alphabets, numbers, etc.
- Don’t reveal your password to cyber-friend.
- Don’t keep the same password throughout the year. Make it a point to change it in every month at least.
- Don’t save the important account numbers and passwords in your cell phone. Save the information in your notebook. This will prevent hackers from getting your confidential financial information.
- Try to use prepaid debit cards instead of credit cards for purchasing anything online.
- Avoid the easy payment options to save time. Instead, opt for the options where you need to give passwords at various steps.
- In case you find something fishy, then stop completing the further steps. Log out from the account and shut your laptop instantly.
- Try to avoid doing financial transactions in a public computer. If you need to buy something or download your bank account statement, do it at the comfort of your home.
- Once you have completed your shopping, make sure you log out from your account. Close your browser. Never save your account details just for the sake of convenience. Enter your account details each time you need to purchase anything.
- Check out the address of the website to know if it is an authentic one. Find out if the address starts with https://. If you see that
- “s” is missing, then avoid buying anything from that site.
- Try to use a genuine third-party financial service in order to safeguard your information while doing online transactions. Paying a small fee in exchange of security is better than losing money to hackers.
- Keep your account up to date. Find out the steps to recover your passwords.
- Avoid revealing your Social Security Number unless it is absolutely necessary.
Install a good anti-virus in your computer to keep hackers at bay. Scan your laptop from time to time. Turn on your firewall when you’re doing online financial transactions.