Keeping Your Online Banking Information Safe
No matter how well a financial institution protects its Internet banking operations, consumers bear some responsibility for keeping their own accounts safe. Only do do business with reputable banking institutions where your qualified deposits are insured against loss. The Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) provide search engines on their respective websites to allow consumers to find information about individual institutions.
Before conducting any banking business online, consumers can employ a few simple cautions can minimize the risk of unauthorized transactions.
Never conduct banking business on a public computer. Avoid conducting online banking on your work computer or on your own computer anywhere but at home, Your Banking Guide warns. When you've finished your banking business, clear your browser cache and close the browser window you were using.
Install a firewall along with anti-virus and anti-spyware software on your computer and keep them up-to-date. Do not use personal information such as your birthday, name or any common words as the password to your online banking profile, and do not share your password with anyone.
If you receive an email message that claims to be from your bank, do not click on any links. Instead, type the URL of your bank's online banking website into the address bar of your browser and log in to check on your account. If you have questions after you log in, call your bank directly and alert them to the email message. If you suspect that your account has been compromised, contact the bank immediately and run a full virus check on your computer.
There you have it, you've learned how to set up and check your bank account online as well as protect yourself and your private data. Enjoy the ease and convenience of online banking!