E-COMMERCE

Enterprise Applications

INTERNET BANKING Safety checks
BY

Jyotindra Zaveri IT consultant & trainer

www.dnserp.com

Online Banking Safety Checks
With the rapid increase in use of technology by b companies, f b ki as well as noni for banking ll banking activities. It is imperative that each user is aware of prudent use of computers and gadgets Enjoy the convenience of Online Banking with just a few simple safety checks

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www.dnserp.com

Prof. Jyotindra Zaveri

e-Commerce / e-banking - Safety checks

PC security
It is essential to update antivirus software regularly with a personal fi l l ith l firewall and ll d spyware programme It is also i i l important t ascertain that firewall i t t to t i th t fi ll is ON, if the computer is used in cyber cafes or is not self owned owned.

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www.dnserp.com

Prof. Jyotindra Zaveri

e-Commerce / e-banking - Safety checks

Precautions while logging in
Always access a bank’s Internet banking website only by typing the correct URL (website address) into the browser Never click a link sent in an e-mail that is supposed to link to the bank’s website bank s A spurious link could be a fraudster’s phishing attack designed to collect personal information
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This information is then used for accessing accounts and making unauthorized transfer of funds When in doubt, immediately contact the bank.

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www.dnserp.com

Prof. Jyotindra Zaveri

e-Commerce / e-banking - Safety checks

Confirm that the website is secured
When you use the Internet for banking

Check that the session is secure by
a) checking presence of digital certificate, a padlock or key at the bottom right hand corner. Double click on this y g icon to view information about the organization with which you have entered into a secure session b) verify the name of the website displayed in the top bar ) y p y p to avoid entering a spoof (false) website.

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www.dnserp.com

Prof. Jyotindra Zaveri

e-Commerce / e-banking - Safety checks

Ensure to log out
Always log off completely when you have finished fi i h d your i t internet b ki activity t banking ti it

Simply closing the window may not close the banking session If your computer is virus infected, your session may be hijacked by a fraudster and financial transactions can be made without your knowledge It is also recommended to disconnect from the Internet when you are not using it
Prof. Jyotindra Zaveri e-Commerce / e-banking - Safety checks

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Special caution for e-mails from e mails unknown sources.
Never reply to any e-mail that is received from unknown people asking for confidential information or payment of fees etc., for surprise gifts.
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E.g. You have won lottery – $100,000 Be careful with such email, do not fill up any form given in such emails, most likely it is for phishing (fishing out information from you).

Be very suspicious of any person who ask for your log-in-ID, password, account details, card details, or similar sensitive information Be especially careful about opening an e-mail with an attachment

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www.dnserp.com

Prof. Jyotindra Zaveri

e-Commerce / e-banking - Safety checks

Check your transactions regularly.
It is very important to check your bank statements regularly to identify any t t t l l t id tif erroneous or unauthorized transaction You Y can also register f SMS alert services l i t for l t i for your banking transactions and electronic statements provided by most banks (e g (e.g. from ATM).

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www.dnserp.com

Prof. Jyotindra Zaveri

e-Commerce / e-banking - Safety checks

Keep your banking documents safe.
Destroy expired debit / credit cards and other old statements that are not required th ld t t t th t t i d and may contain sensitive personal information

At the same time , it is advisable to store retained y p documents in a suitably locked/secure place.

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www.dnserp.com

Prof. Jyotindra Zaveri

e-Commerce / e-banking - Safety checks

Safety First S f t Fi t

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