Online Transaction Safety Tips:
With an increase in internet banking and online transactions usage, cyber-attacks are becoming perilous than bank robberies. A huge amount of money, approximately INR 94 crore, was illegally withdrawn with cloned debit cards by ATM transactions.
Unfortunately, the internet is being used commonly to commit fraud, and criminals are becoming smarter with the hacking techniques. Most people are not aware that money is sent but not received by QR code scanning.
Here are a few Online Transaction Safety Tips to keep your money safe
Use Anti-Virus Software & Strong Passwords
Protect your data against malware, bugs, and other malicious software threats with the installing of the largest security software, operating systems, web browser, and setting strong passwords.
Beware of Phishing Scams
Shop Safely
Ensure that your favorite website is authentic and uses secure technology, Check whether the web address begins with HTTPS or not. If you would like to go the extra mile, know the site’s privacy policies.
Keep Personal Information Personal
Try to avoid posting any personal information of yours like nicknames, birthdays, personal account info, ATM pin, etc.
Choose Multi-Factor Authentication (MFA) for Financial Transactions
Choosing multi-factor authentication for your transactions is the best option.
