Internet Banking – 10 Things You Should Strictly Avoid – – Indian Business of Tech, Mobile & Startups


Internet banking has always been an important part of our daily lives. A simple alternative to card payments and e-wallets, online banking makes online transactions really easy. Today, internet banking is the best and safest online payment option available.

With the rapid growth of internet banking, cyber crimes have also seen a massive increase. Cybercriminals have constantly devised new ways to breach security measures. Here are 10 precautions you can take to keep your online banking account secure.

1. Keep the same password for a long time or share your password

A simple trick to protect your account is to change your password regularly. Choose a strong password, something like a mix of upper and lower case letters with numbers and one or two special characters. Also, if you have multiple online banking accounts, never use the same password for all of them.

2. Connection to your Net-Banking Account via an E-Mail Link

Never log into your internet banking account via email or email link. These email links are mostly malicious and could be phishing emails aiming to steal all your confidential information. Although they look similar, they create an exact replica of your bank’s website to attract you.

3. Not Logging Out Once You’re Done

Always log out of the device once you are done and the transaction is complete. This will largely prevent you from falling prey to hacking attacks such as session hijacking and cross-site scripting exploits. Although it is best to clear your browser history and cache once your transaction is complete.

4. Only use the official Bank app!

For mobile banking, opt for the official app only and no third party apps. Also download the app only from official app stores like Apple App Store or Google Play Store. Never download an app from ‘aggregator‘, which may pretend to show you the consolidated account views across all banks, but would end up trapping you with malware and eventually stealing all your confidential information.

5. Avoid transactions with unknown sources

Avoid transferring funds to an unknown or unverified source. Refrain from sharing your account details with an unknown source. Cyber ​​criminals usually tend to send emails to lure innocent people with attractive offers and ask them to transfer money. Well, next time, be careful, or you could end up with no balance in your account.

6. Use of Internet banking services on the public Wi-Fi network

We strongly recommend that you avoid using your Internet banking services on a shared or unprotected Wi-Fi network, except in an extreme emergency. Even refrain from making any payment using your debit or credit card from any public Wi-Fi network. These networks can easily be hacked and one can steal all your credentials.

7. Always check if there is ‘s’ in the URL, https

Check the address bar, if the URL of the website you are connecting to contains ‘s‘ in the URL, i.e. ‘https‘. It is the key security layer that ensures that you connect to a secure and encrypted website.

8. Keep antivirus or anti-malware updated

When using a PC to use internet banking, the basic and essential need is to keep your antivirus up to date. Although it does not guarantee 100% protection, it is still very secure to protect your online transactions.

9. Check if there is a padlock icon when making a transaction

Like the security layer’https‘, another thing you need to check is, if there is the padlock. You will see the padlock icon at the top or bottom right of the webpage. This closed lock or the padlock guarantees that the website on which you transact is secure.

10. Access the Net-Banking account at the Cyber ​​​​Café or any shared computer

As with public Wi-Fi networks, you should strictly avoid using your Internet banking services on public or shared computers. Most of these computers are unprotected and infested with malware. Even there is an additional risk of keyloggers which can record all your information as you type on the computer.


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