With cybercriminal activity growing at an unprecedented rate since the pandemic began, internet users must do whatever it takes to keep their sensitive bank information secure.
It seems like almost everybody shops for products and services online nowadays. Instead of buying items from traditional stores, people opt to shop from the comfort of their own homes. Most of the time shopping online is easy, and hassle-free. It can help consumers save time and money, but internet shoppers must keep in mind that there are hackers out there looking to take advantage of their victims’ private banking details.
If a cybercriminal gains access to your bank account, you can expect them to withdraw all of your funds. They often use it to buy airline tickets, accommodation at hotels, and products online. It’s of vital importance that people are made aware of the dangers of cybercriminal activity, and what they can do to protect themselves while using their bank details online.
Use a VPN Service
Investing in a reputable VPN service can help keep your device, and your bank information safe while on the web. A VPN allows users to connect to a server, which then masks the user’s original IP address. If hackers don’t have access to their victim’s original IP address, they will struggle to access their victim’s device.
A VPN isn’t just used to keep your device secure. If you are abroad and you are unable to access an online casino because gambling is blocked in the country you are visiting, you can connect to a server where gambling is allowed. Most well-known VPN providers have servers in multiple countries around the globe, so it won’t take you long to find a server that allows you to connect to an online casino.
Use a Reputable Password Manager
IT experts advise us to create a unique, strong password for each of our online accounts. If you fail to use a different password for each account, and a hacker manages to figure it out, they will be able to access all of your accounts. However, trying to remember each password for multiple accounts might seem almost impossible.
Thankfully, we don’t have to rely on our brains to remember each password created. Instead, a password manager can help keep all of your passwords secure. All the user has to remember is the single password that allows them to log into the password manager application! Some password managers allow users to store confidential bank information too.
If you are in the market for a new password manager, don’t forget to find out about the different features the software application has to offer. Here are some of the features some of the best password managers on the market provide:
- Password generator: Making strong passwords containing upper and lower-case letters, with numbers and symbols can cause a lot of frustration. However, most popular password managers provide a password generator that creates highly secure passwords for its users.
- Vault storage: Consider investing in a password manager that allows you to store each password, all of your bank information, and personal credentials in a secure vault. Some even allow users to store this private information in a cloud, which allows users to access the vault wherever they are in the world.
Popular social networking platforms are a great way to keep in contact with people around the globe, however, to avoid becoming a victim of a cybercrime, you should avoid posting personal and private information on your page.
If you have lost or forgotten your password for your bank account, to access your account you will be asked security questions to prove that it is your account. The people at the bank will often ask you what your mother’s maiden name is, your current telephone number, or your home address. If this information is available on your Facebook, Instagram, or Twitter account, then don’t be surprised if a hacker uses it to access your bank account.
Unfortunately, undoing breaches like this won’t be easy. The bank will blame you for posting your private details online, so don’t expect them to reimburse the money you lost after it has been hacked.
Be careful who you meet online
If you have made a new friend online, under no circumstances should you share your private bank information with them. There are lots of folks out there building relationships with others on the web. The pandemic has been a lonely time for lots of folks, so it’s not surprising so many people are looking to speak with others on the internet. However, internet users should be aware of the dangers of speaking to others they have never met in person.
Fraudsters will often ask their victims for personal information that they can use to access their bank accounts. If you give your private infarction to a person online, you can expect them to take funds from your bank, or hold it to ransom.
Only Shop on Secure Websites
Not all websites are secure. Before shopping online, look out for the following:
- Web address: Before entering your private bank details into an online store, check the entire web address. The address should start with https://. If the ‘s’ isn’t in the address, then you should shop elsewhere. The ‘’s’’ means that the website is secure, so you should trust any site that doesn’t have this letter.
- Read online reviews: If the website has caused problems with users’ banking information in the past, check to see if any disgruntled customers have posted negative reviews online. There are several websites, forums, and social networking platforms that allow people to discuss their experiences with different websites. If a site is known for fraud, you should be able to find negative reviews posted online.
There are currently over 23 billion web pages on Google. Trying to figure out which ones are secure, and which sites aren’t can prove extremely challenging. Consider using your private bank information with reputable sites only. Don’t take any chances with your secure bank details, especially while shopping online.