Zil’s offers state-of-the-art security features to its customers, taking into account today’s constant cyber threats, and the need of businesses for secure financial platforms. Choosing a highly secure platform like Zil is one way to keep your data safe,even then it is prudent to follow a few best practices to make your already secure banking even more so.
What is Online Banking?
Online banking lets you do a lot of things. It is easy to use, and it is very convenient. You can do banking from your home, which makes it more comfortable. Online banking, also known as internet banking, is a great way to manage your finances! With an online bank, you can check your balance, transfer funds, and pay bills, all from the comfort of your own home. Moreover, online banking is safe and secure because it has security features that keep your money safe.
Advantages
- Transfer money from the comfort of your home
- Track payments/balance information
- Available 24/7
- Higher security
- Many features
- Open fixed deposits and recurring deposits online
- Convenience
- Control
- Benefits beyond banking
To prevent fraud, Independent Community Bankers of America (ICBA) recommends these practices:
Secure banking is not out of your dream, the security of your account depends on your practice for a safer secure banking follow some secure practice like:
- Enable the strongest authentication tools offered by your bank.
Biometric authentication, security keys, and two-step verification. Your account will be more secure if you use the best, most widely used, and most recent authentication methods.
Zil offers two-step account verification, which can be completed via phone or mail, to safeguard your account better. Our platform requires additional verification before allowing someone to access your account, and therefore if your account details are compromised, they won’t be able to gain access.
- Increase the complexity of your password
A strong passphrase has at least 12 characters. Please don’t use a simple password for your account; make it more complicated. It will be more difficult to crack your password the more complex it is, the better. Use a combination of special characters, numbers, and alpha characters.
- Check your system
Remove personal critical files from outdated files and emails, upgrade to the most recent software version, and search for any unnecessary internet-connected apps or applications. Try to secure the folder if you need to store crucial information.
- Don’t share sensitive information through social media
Share no screenshots of financial accounts, ID cards, vaccination records, or other such information. Criminals can exploit these details to steal your identity and damage your finances. Cybercriminals could abuse our personal information and hurt you.
- Use Secure Wi-Fi
It’s risky to use free public Wi-Fi for personal use. Avoid doing financial activities like entering important account details could compromise your account. Instead, undertake these activities via a secure Wi-Fi connection to ensure your safety.
- Look for any irregular transactions,
If a transaction occurs without your permission, report it as soon as possible and take the required steps to resolve the issue. So, be sure to check your account constantly.
If a transaction or a setting is changed, Zil will notify you through email or phone, so you can take the appropriate action if fraud is attempted.
- Back up your important financial data’s
In case of an unexpected cyber attack, make a backup of and preserve the financial data securely. Try to get data as quickly as you can.
- Delete financial data from other sites
Never save your credit or debit card information on any website; your information will be exposed if they are compromised.
- Don’t type any financial data in suspicious website
When shopping online, use caution and keep an eye out for red flags that a site is fraudulent. Red flags include misspellings, grammatical problems, missing contact details, and dubious URLs or email addresses.
- Look for special indicators
Look for unique indicators, such as site URLs that begin with “https://,” that indicate additional security precautions taken to protect your information. Financial institutions are given exclusive usage of URLs that terminate in “.BANK”.
Even with the most advanced security features, there is always a possibility that your data could be compromised. However, by following some simple best practices, you can make your online secure banking even more secure. Using a strong password and never sharing it with anyone can help keep your account safe. Additionally, you can further protect yourself from potential threats by logging out of your account and keeping your computer updated with the latest security patches.
