How to Boost Your Banking Security

More than 65% of U.S. residents use digital banking on their smartphones or computers. The convenience of accessing personal and business accounts online makes digital banking very attractive. Without taking the right precautions, though, it could also undermine the banking security that keeps your private information safe.

Follow these three tips so you can boost your banking security.

1. Never Use Public Wi-Fi to Access Your Accounts

Resist the urge to access your account through public Wi-Fi. It’s always better to use your home network or mobile network.

When you use public Wi-Fi, you make it easy for someone to steal your information through a “man-in-the-middle” attack. Basically, someone creates a fake Wi-Fi network that looks legitimate. When you use it, they can see all of the information – including account numbers and passwords – moving between your device and the bank.

Banking security cannot protect you from this type of attack, so you must take the proper precautions to ensure your safety.

2. Choose a Strong Password and Change It Often

Hackers have software that helps them crack passwords. Make that task much harder for them by choosing a strong password. Some of the best passwords use random numbers, letters, and special characters. They’re also very difficult to remember, so consider adding a password manager to your device.

Even a strong password has some vulnerabilities. Improve your banking security by changing your password often. It’s easy to forget when to do this, so set a reminder that will prompt you to choose a new password once per month.

Vinings Bank lets you choose passwords between 9 and 17 characters long. The system will also block access after three failed log-on attempts to keep your account safe from hackers

3. Know How to Spot Phishing Attempts

Some phishing attempts are laughably terrible. They have misspellings, unprofessional graphics, and ridiculous email addresses. Smart scammers, however, know how to make their phishing emails and texts more realistic.

Some signs that the message doesn’t come from your bank include:

  • Generic greetings that do not use your name.
  • Requests for personal information (why would your bank need to ask for your account number or password?).
  • Messages intended to alarm you instead of inform you.

If you have even the smallest doubt about a message’s authenticity, contact your bank to verify that they sent you an email or text. Do not reply to the message!

Disclaimer: Vinings Bank has made this blog available solely for informational purposes. Its content is general in nature and does not constitute professional advice. Furthermore, the views expressed in this blog are not necessarily those of the bank, and Vinings Bank does not make any representation or warranty as to the accuracy or completeness of the information contained in this blog. Any liability, therefore, is expressly disclaimed. The information in this blog may not be current, and Vinings Bank does not undertake any obligation to update such information. No part of this blog may be reproduced, redistributed, published, copied, or duplicated in any form without the express consent of Vinings Bank.