If your financial institution offers electronic account access, periodically review activity online to catch suspicious activity. Contact your financial institution immediately and alert it to the situation. If you have disclosed sensitive information in a phishing attack, you should also contact one of the three major credit bureaus and discuss whether you need to place a fraud alert on your file, which will help prevent thieves from opening a new account in your name.
- Stay safe with these 5 essential online banking tips. Learn how to protect your money from fraud, secure your accounts, and bank with confidence.
- Change your password right away to protect online accounts. Thoroughly review your checking and savings account to ensure you didnt miss anything. As digital tools evolve, so do threats.
By following best practices like enabling two-factor authentication, using strong passwords, staying alert for phishing attempts, and keeping your software up to date, you can significantly reduce your risk of bank account hacking.
Remember to sign off your banks secured area when you have finished online banking. Also log off of your computer to prevent unauthorized access to your information and files. Your protections. Individuals are protected against unauthorized electronic fund transfers, provided there is compliance with the institutions disclosed reporting requirements. Contact your local banker for information about protections and liabilities. Many of the attacks are launched through malicious software, or malware, that a user has unknowingly downloaded onto their workstation or device, often through:
- A VPN creates a private network that only you can access, which helps to protect your data while youre online. Pro Tip: If possible, avoid accessing online banking on public Wi-Fi altogether. If you must, always use a VPN and log out of your accounts immediately when finished to boost your online banking security. Phishing is one of the most common ways hackers target your accounts and compromise online banking security.
