With the proliferation of online banking and online shopping, financial transactions have become more convenient than ever. They’ve also become more risky, because they expose your bank accounts and personal information to online fraud and theft, which can take many different forms. Luckily, most banks and financial institutions are aware of the problem, and can help you take steps to keep your financial information secure. In fact, online security is one of the services your bank offers, along with more familiar ones like mortgages and car loans.
Watching out for online fraud and identity theft
It seems that almost every month there’s news of a new security breach in online transactions, with hundreds of thousands of accounts being compromised. Hackers can use identity theft to steal your information online, and use your credit and debit cards to make purchases, even if the actual card is safe and secure in your wallet. There are many ways they can acces (more…)
14 Jan 2019