When it comes to saving money, people are usually concerned about how to keep the money safe. There are numerous ways to preserve it, ranging from tucking it into spice jars to burying it under your mattress. Fortunately, we were born during a period when banks were established to assist in the safekeeping of our funds. As time goes on, the security measures in place have considerably improved, adding to our peace of mind.
Despite these controls, there is one area where the bank has no authority: when we perform our own online transactions. In retrospect, the vast majority of us are primarily concerned with completing our transactions and returning to our hectic schedules. In truth, we are responsible for the protection of our funds when conducting online transactions. For those who aren’t familiar with mobile banking, here are some pointers to bear in mind.
Use Private Wi-Fi or Data
Many consumers overlook the importance of avoiding public Wi-Fi when performing online purchases. This is due to the fact that when you use public Wi-Fi, your data and search history are accessible to others. Regardless of the security measures in place, someone may gain access to information such as your internet banking account login and passwords if they wanted to. As a result, it’s simple to simply avoid it.
Use Incognito or Private Tabs
When conducting online transactions, it is best to look for websites using incognito or private tabs. This protects you by ensuring that no one, including your search engine, can track your searches. If you use private tabs, your usernames and passwords will be lost. You will not lose money if your phone is stolen.
Never Click Save
Using incognito tabs when making online transactions is encouraged, as previously indicated; nevertheless, if you are the sort that forgets, this suggestion is for you. You can still do your business in regular tabs, but it’s safer to enter your passwords with the ‘never save’ option turned on.
Log Out and Clear Search History
When you’ve finished your transactions, remember to log out of your account. Because not all accounts automatically log you out when you leave an application or tab, some accounts may continue to run in the background, making it easier for hackers to access your data. After logging out, remember to delete your search history as well as your cache. You’ll normally see a clean cache option on the screen after you’ve logged out. By doing so, you’re minimising your chances of being targeted.
So, try using these tips, and if you’re living in Malaysia and are interested, head over to your bank and try out the mobile banking system in Malaysia.
