By Appstar Financial

09/09/2016 Safety And Security Of Online Banking
Online banking is another gift from the world of technology. It has become an important forum for managing financial account exempting man from standing for hours in a queue at the banks. Online banking gives the privilege of performing any banking task like withdrawal, deposit and transfer of money anytime from anywhere i.e. online banking offers banking functions 24*7. The only thing which online banking calls for its operation is a stable and strong internet connection. Though online banking mode has been preferred by the maximum number of users; the safety and security related to it cannot be overlooked.
Risk From Hackers
The biggest problem faced by online banking is the risk from hackers. These hackers usually use malware applications for intercepting the personal data of the users including their account number, password, transaction details and other related information. Not only these malware appear risky for the online account holders but also affect the electronic system such as tablet, laptop, routers, smartphones and more used for the transaction. Phishing is another risk for online banking. In such cases, the user receives a fraud email having the look of the bs mail and seeks for the customer�s banking information. Once trapped in such case of phishing; the customer get his hands washed from his own banking id and password once they are entered into their computers.
Security With Socket Layer Protocol
Theft is the most common and vital risk type one faces when banking online. Once the thieve gets way with your password and banking id; it is no more difficult for him to wipe away the funds leaving you without any penny. Most of the institutions use secured protocols to protect their clients banking information. Socket layer protocol is one such protocol for enhancing the safety and security related to online banking. This socket layer protocol makes connection between the authentic client�s account and the financial body making sure that no such connection is developed with any fake site.
Install Anti-virus Software
Your safety and security is much in your hand. Make sure to install anti-virus software on your computer or laptop. These soft wares keep those virus and malware away from your electronic system. But mere getting them install is not the end of your duty to ensure security measure. Get them updated from time to time because only update gets your software derive the latest security features for rendering upgraded protection. It shall always be better to restrain from exchanging your laptops and gadgets with anyone else.
Other Safety Standards To Meet

Never disclose your personal banking details i.e. banking id, account number, account pin or password and CVV number with anyone. Sometime people receive calls from anonymous numbers declaring themselves as personals from banks. They turn up asking you�re your account details and password. Always remember that no banking institution ever ask their clients for their pin or account password. Estimate the authenticity of the number and id from where you are receiving the call and mail respectively before taking a leap of disclosing your information. Online banking proves the best banking mode when all the safety and security standards are covered.