Better Safe Than Sorry

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Money safety

Safe Online Banking Habits

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Photo: Big yellow umbrella on Harcourt Road Flyover on 2014-11-08 by Ceeseven (CC BY-SA 4.0), via Openverse

Accessing online banking through the official app or a properly bookmarked website, rather than a link arriving in an email or text message, removes one of the most common ways banking credentials end up genuinely compromised by scammers running convincing phishing campaigns targeting bank customers directly.

Using a strong, unique password specifically for banking, entirely different from passwords used elsewhere across other accounts, ensures that a breach at some unrelated website does not put your actual bank account at risk simply through a reused, shared password chosen purely for everyday convenience.

Logging out properly after each and every session, particularly on a shared or public computer, and avoiding online banking altogether over public Wi-Fi networks, keeps your session from remaining accessible to someone else after you have genuinely finished using the app for that particular session.

Reviewing recent transactions regularly, rather than only when a paper or digital statement eventually arrives, helps catch unauthorised activity early, precisely when a bank is generally best placed to help reverse it before any further damage quietly adds up further while nobody at all notices.

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Printed from Better Safe Than Sorry. Sources for this article are listed at the end of the page.