Ensure your Digital Banking Security and protect yourself from online banking fraud

Online banking from the comfort of your couch, at any time of the day or night, makes everything you do with your finance convenient.
However, you must understand the potential risks involved, along with the necessary measures you must undertake to prevent online financial fraud.

The dos and don'ts listed below will help you secure account from online banking frauds:

Dos

Memorize your banking credentials & keep them confidential
Register your mobile phone number & email address with your bank
Ensure you are on your official bank website address, & it is secured with "HTTPS"
Enable the SMS notifications on your mobile banking app to be alerted of any transactions being performed
Use a strong password for your online banking applications
Always ensure that your bank account application & other software on your devices are up to date
Clear all your sensitive data from your devices before disposing them
Regularly review your transaction history to check for unauthorized transactions
Inform your bank immediately if your account or account details are compromised

Don'ts

Don't you "Save Password" for your credentials or automatic login for your online banking account
Don't reveal your banking credentials or OTP to anyone, especially through Email/SMS/Phone calls (your bank will never ask for these details)
Don't perform bank transactions using public Wi-Fi
Prevent unauthorized access to your laptop & mobile devices
Don't access your bank accounts on shared device
Don't write your credentials in plain text on paper or on your devices
Don't share your transaction receipts on social media
Don't visit an unsecured website
Don't forget to log out completely from your online banking account upon usage