In today’s age of the smartphone and web-based service convenience, businesses and service providers are turning to the web and mobile apps to meet client demands for fast, efficient service. Web connectivity and fast-paced information exchange certainly have many benefits, but also open doors for security threats. The digital world is fraught with risks, but safe online banking is possible, thanks to the different measures that banks and service providers take in order to keep transactions and activities secure.
Online banking security has always been a major concern. As a matter of fact, many forgo the convenience of mobile banking because of the risks that it entails. There are many ways that you, as a customer, can help make sure that these risks are minimized. Here are some tips and tricks to follow to help keep your mobile banking transactions safe and secure:
1.Take advantage of two-factor authentication. Most online apps now offer multi-factor authentication, which adds several layers of security to your account so that only you, or someone authorized by you, can access your account and perform transactions from it. This kind of authentication generates unique codes, valid only for a short period of time, which you need to input to gain access to your account in addition to your usual login credentials.
2. Don’t ignore weak password warnings. You don’t want a weak password protecting your important financial accounts. Create strong passwords that are the recommended length and have a unique mix of characters, numbers, and upper/lower case letters, which when combined, can make passwords a lot more difficult to figure out. Avoid using common phrases or words, and refrain from using personal identifiers like your date of birth, name, and initials. Many banks require their clients to change their password at least every few months.
3. Keep your devices up-to-date when it comes to software security to make sure you are protected against more recent forms of attacks and online schemes. Outdated devices are prone to breaches because they don’t have the right security patches to combat newer threats.
Queensborough National Bank and Trust offer safe online banking and mobile banking options, enabling clients to conduct a wide range of financial tasks in the most convenient and secure way possible. With QNB’s superior online banking security, you can view your bank statements and check images, make loan payments and pay your bills, and schedule transfers between accounts with the peace of mind that your transactions are private and cannot be tampered with.
