Ensuring secure internet banking practices is essential in today's digital age. Follow these seven essential tips to safeguard your financial transactions and personal information when opening an online account.
Create robust passwords using a combination of letters, numbers, and symbols. Enable two-factor authentication for an additional layer of security, ensuring unauthorised access is thwarted effectively.
Protect your devices with updated antivirus software and use secured Wi-Fi networks. A secure network and device environment are crucial for safeguarding sensitive banking data.
Stay vigilant against phishing attempts and scams. Avoid clicking on suspicious links or sharing personal information online. Legitimate banks never ask for confidential details via email or messages.
Download and use official banking apps from trusted sources. Ensure the website's URL starts with "https://" for secure online transactions. Avoid third-party apps for banking activities.
Frequently check your bank statements and transaction history. Report any unauthorised or suspicious activity to your bank promptly. Regular monitoring helps detect and prevent potential fraudulent transactions.
Stay clear of using public Wi-Fi networks for banking transactions. These networks may lack proper security measures, making your sensitive data vulnerable to cyber threats.
Stay updated about the latest security measures and threats. Regularly update your knowledge on safe online practices. Education is a powerful tool in fortifying your defenses against evolving cyber risks.
Disclaimer: This Article is for information purposes only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. The Bank makes no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Article. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from the Bank. The Bank, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein. Tax laws are subject to amendment from time to time. The above information is for general understanding and reference. This is not legal advice or tax advice, and users are advised to consult their tax advisors before making any decision or taking any action.
