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Online bank account security

By: Alia Grubman

Pretty much everyone needs a bank account these days just to be able to function in modern life. Internet banking offers the added convenience of being able to access and manage your account more easily, but it is this ease of access that also presents a potential threat of criminals and fraudsters being able to breach your bank account and defraud you of money. Thankfully, there are plenty of things that you can do to avoid laying yourself open to these threats.

Many of the banks offering internet banking also provide software packages that can enhance your online security ? take advantage of these. Alliance and Leicester, for example, offer a free password entry protection software package called Rapport, which prevents your login and password details being viewed by a third party when you access your bank account.

Attempts to trick you into revealing personal login information ? known as phishing scams ? can come in the form of phone calls or e-mails. Never open a suspicious e-mail claiming to be from your bank. If you do open such an e-mail, never respond to requests asking you to provide or change passwords or pin numbers ? banks will never request you to perform such actions.

Report all suspicious e-mail activity to your bank immediately so that it can be properly investigated, and details can be passed to the police when necessary to fight against the spread of online fraud.

Do not use the same pin number for your bank as you use for other logins. Bank login systems are protected by high security measures and secure internet connections (signified at the beginning of the URL ''https'', with the additional ''s'' for security, denoting a secure connection). Other online services that you may commonly log into ? like e-mail accounts and social networking sites ? commonly have much less secure connections, meaning that what you do onscreen can often be viewed by third parties. If you use the same passwords and pins for these sites, fraudsters may try and attempt to open your online bank account with this information.

This leads on to the next point, which is if possible, never write down your pin number. The best course of action is to memorise it. Given the advice above about not replicating passwords and pins, and given the increasing number of online services that many of us use which require login details, it may not be practical to try and memorise all of these pin numbers and passwords. Prioritise memorising your bank pin, and if this is not possible, store any details written down in as secure a place as possible.

Make sure that you regularly change the passwords and pin numbers on your account. Do not use information that you have included on your profile for social networking sites.

Finally, and this advice applies to both online and traditional accounts, always shred or destroy old bank and credit card statements ? do not just throw them out with normal rubbish. In this way you can protect against identity fraud and unauthorised accessing of your bank account.

Article Source: http://www.casinoarticlessite.com

Alia Grubman is the author of this article. Alliance

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