online banking security

Wednesday, March 7, 2007

Online Banking Precautions


Scams like this are unfortunately quite common, but there is a lot that you can do to alleviate the risks and dangers of online banking. Before putting your credit card numbers into a website, check the authority of the website. If the website doesn’t look polished and put together, investigate further. You can also reference to make sure that you have the right website, and that the website address isn’t just similar to the one that you wanted. Each website should have a card security and privacy policy on their web page, Read through this before ever entering your credit card number. Another solution to online theft is to get a separate credit card with a lower limit, and to use only that one online, so that even if your online credit card number is taken, you are only responsible for a minimal amount of money. The more popular online shopping stores are now using more than one password for people who wish to shop online, which helps to combat credit card numbers being stolen. For example, instead of having to type in just one password to verify your purchase, you would have to type in maybe two or three, including your credit card number, expiry date, and a code that needs to be used with every transaction.

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