Online transactions have become a norm, thanks to the superfast internet and advanced smartphones. We virtually do all our bookings and payments online, be it traveling tickets, movie tickets, hotel bookings, shopping and gift items, banking transactions and the list goes on! However, with such ease and comfort comes along an unwanted menace in the form of – Online Fraud. In the event of ‘Safe Internet Day’, we bring to you a few tips for safe online transactions.
(1) Avoid Public Network For Banking
Trying to transfer money or do a payment online through a cyber cafe or shared Wi-Fi network can be dangerous, as the login credentials might be traced or tracked and then later on used to wipe your account! Hence, prefer your home PC or phone net for the same.
(2) No Simple Passwords
Despite so much awareness, people still use date of birth or name of someone close as a password. It will be a no-brainer to crack it! Hence, use a mix of alpha-numeric and special characters to ensure that your password is un-crackable.
(3) Do Not Share Passwords
Even if we take the precaution of creating a complex password, we may err in sharing it with someone. Leaking of password is one of the most common reasons for online frauds.
(4) Calls/Email Asking For Information
Many people get calls or emails asking for information such as PAN card details, bank account details with password and failing to provide the same will lead to account closure. Out of fear, people share, only to find it to be fraud. Banks have explicitly mentioned that they do not ask for any such personal bank account details.
(5) Check SSL link
If a website is secure, then it will have “https” in green before its URL. The ‘s’ at the end stands for ‘secure’ site which is verifiable and safe for digital transactions.
(6) Notify Bank In Case of Faulty Transactions
As soon as you get a notification regarding a transaction that has not been conducted by you, then call the bank customer care and block the card and account immediately to prevent further deductions from account taking place.
(7) Do Not Click On Unverified Links
We may get SMSes or emails to click on a particular link to reset password/password expiry and ‘please enter the current password’. This is a way of ‘phishing’ where a fake page opens and stores the login credentials that we enter. This is how accounts get hacked. Hence, avoid clicking on such links.
(8) Spread Awareness
If you have ever come across fraud encounters, and practice online safety measures, then it is always a good practice to spread the awareness among your circle to ensure that such online threats do not break your security and everyone’s account is eventually safe and secure from internet threats.