Computer Science, asked by mayank32112, 1 year ago

✌️Banking important Question✌️

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How Is online banking safe?

Answers

Answered by choudhary21
2
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Bank Safe Online

Online banking is safe with the proper precautions it is becoming more and more popular each day.

The following sections detail safety steps for online banking as well as ways your personal information may be compromised.
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the URL will start with ⚠️ https:// ⚠️ instead of http://.

If none of this is seen all data is not secure and anything you enter into the page could be captured and read by someone.

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Answered by mitesh6
2
When you bank online, you trust that your account is safe from hackers. Even so, online accounts can seem to consumers like easy targets: Instead of robbing a bank, a criminal could simply whisk away your money with a few keystrokes.

To combat these concerns — and protect your cash — banks and credit unions have a number of policies to keep online customer accounts secure. Standard measures include using firewalls, anti-virus protection on bank computers, fraud monitoring and website encryption, which scrambles data so only the intended recipient can read it. If you bank online, chances are your financial institution employs these security measures.

Online banking is safe when secure bank technology on the back end is met with alert consumers on the front end. As an account holder, you have a role in making sure accounts are protected.

Large-scale data breaches get the headlines, but criminals also work on a smaller scale by attacking consumers directly. For example, fraudsters often use so-called phishing scams, in which they send out emails pretending to represent a financial institution in the hopes of hooking an unsuspecting consumer.

The email might suggest there’s a problem with your account and ask for your bank password or Social Security number. Or it might say you won $100 million, but your account information is needed to wire the funds. If you reply, the criminal could use the information to illegally make purchases or withdraw money from your account. Don’t respond to emails that are too good — or bad — to be true.

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