How to Bank Online Safely
Online banking is a convenient way to manage your finances. All you need is a device that has an online connection. Though accessing your money online is very convenient, there are still things that you should take note of so that your safety won’t be compromised. Here are some things you should do to have a safe online banking experience:
Create Strong Passwords
As a rule of thumb, never create passwords that can be linked to your personal information. You might want to use your name, birth date, or address because it’s easy to remember. But keep in mind that it can also be easy for others to guess.
An example of a strong password is one with multiple words or phrases. You can add symbols, numbers, and special characters and mix the letters in upper- and lowercase. Changing your password often will also help you stay safe. Make sure you don’t reuse old passwords and create a brand-new one that is hard to guess.
Avoid Connecting to Public Wi-Fi
When you connect to public Wi-Fi, you may face risks from hacker attacks, malware, and spyware. You can avoid connecting to public networks as much as possible to prevent this. If the only option is to connect to public Wi-Fi, consider installing a VPN. Doing so will mask your footprint online, making it harder for others to hack your device.
Enable Two or Multi-Factor Authentication
Almost all banking services allow you to use two-factor or even multi-factor authentication (2FA or MFA). For safety purposes, it’s a good idea to enable it when prompted. In the scenario where hackers might have your password, they still won’t be able to get through without another confirmation to log in.
2FA or MFA acts as an added layer of protection that prevents hackers from accessing your finances online. It comes in the form of biometrics, a special code, or other instructions through an automated phone call or text message.
Stay Alert Against Phishing Schemes
You might get a text or an email from people posing as the bank you are affiliated with. Before giving out any personal information or clicking any links, make sure that who you’re talking to is legit. You can verify the number or email address with your bank. You can also call your bank to confirm if they are truly asking for your details before following instructions from a text or email.
Have a Safe Online Banking Experience With Liberty National Bank
Are you looking for a bank that provides safe and secure online banking? Contact Liberty National Bank. You can access your bank account online and through the myLiberty app by partnering with us. With our digital banking options, you’ll be able to view your billing statements and pay bills online quickly. Get in touch with us for any inquiries regarding online banking with our bank.