Using online banking in Nigeria, like anywhere else, requires certain precautions to ensure the safety and security of your financial information. Here are some things you should never do when using online banking.
Sharing sensitive information: Never share your login credentials, passwords, or any other sensitive information related to your online banking account. Banks will never ask for such details through email, phone calls, or text messages. Be cautious of phishing attempts, where fraudsters impersonate legitimate institutions to obtain your personal information.
Using public Wi-Fi networks: Avoid accessing your online banking account using public Wi-Fi networks, such as those airports, or hotels. These networks can be insecure and leave your data vulnerable to interception. Instead, use a secure and private network, such as your home or mobile data network.
Neglecting two-factor authentication (2FA): Take advantage of two-factor authentication offered by your bank. This adds an extra layer of security by requiring a second verification step, such as a unique code sent to your mobile device, in addition to your password.
Neglecting software updates: Ensure that you regularly update your computer, smartphone, and banking apps with the latest security patches and updates. These updates often include crucial security enhancements that protect against known vulnerabilities.
Falling for social engineering tactics: Be wary of unsolicited phone calls, emails, or messages requesting personal or financial information. Scammers may pretend to be bank representatives, government officials, or even friends in need. Always verify the legitimacy of such requests through official channels, such as calling your bank directly using their official phone number.
Clicking on suspicious links or attachments: Avoid clicking on links or downloading attachments from emails or messages that seem suspicious or unfamiliar. These could be phishing attempts or contain malware that compromises your online banking security. Verify the sender and the content before taking any action.
Using weak passwords: Ensure that your online banking account is protected with a strong, unique password. Avoid using easily guessable information like your name, birthdate, or consecutive numbers. A strong password should be a combination of upper and lower case letters, numbers, and special characters.
Ignoring account activity: Regularly review your account activity and statements to identify any unauthorized transactions. If you notice any suspicious activity, contact your bank immediately. Early detection can help prevent further financial loss or identity theft.
Saving login details on shared devices: Avoid saving your online banking login credentials on shared devices, such as public computers or smartphones used by multiple people. Always log out of your online banking session and clear your browsing history and cache after each use.
Using unsecured devices for banking: Ensure that the devices you use for online banking, such as smartphones, tablets, or computers, are secured with up-to-date antivirus software and firewalls. This helps protect against malware and other security threats that could compromise your financial information.
By following these precautions, you can minimize the risk of online banking fraud and ensure the safety of your financial information. Stay vigilant and educate yourself about the latest security practices to protect your online banking transactions.
Content created and supplied by: Dr.Love (via Opera News )
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