Some advice for safe Home Banking

Discussion in 'CYBER SECURITY awareness!' started by revC0de, Jan 4, 2017.

  1. revC0de

    revC0de MTAC Moderator Staff Member

    Hello

    Some simple and perhaps obvious advice, but people often do not follow best practices in this context, for the happiness of cybercriminals! :)


    1 - Be wary of any message, even if apparently authentic, that you received via e-mail, social networks, etc. that invites you to download documents or files. They could contain malware!

    2 - Be wary of any request for data related to payment cards, access banking keys or other personal information received on any digital channel (email). Your bank will never ask you for this information, even for technical or safety reasons: never!

    3 - To connect to the website of your bank, type the address directly into the navigation bar. Do not click on links on e-mail etc, which could lead you to phishing sites.

    4 - Regularly check the transactions of your bank account to make sure the transactions listed are those actually carried out.

    5 - Verify the authenticity of the connection with your bank, checking carefully the name of the site in the navigation bar and the HTTPS connection.

    6 - During internet browsing, install only programs which you can verify the source.

    7 - Constantly updates the operating system and applications of the computer, only installing official updates available on the websites of the manufacturing companies (I have experience of malware dropped in fake drivers!!).

    8 - Pay attention to any downgrade in performance (slowdowns, opening of windows not requests, etc.), or any sudden change of system settings, that may indicate infections.

    9 - Use a TAN generator rather than SMS TAN, as malware can sneak in autonomous devices much harder than into your mobile.

    Specific thread about safe home banking configuration will be posted soon.

    I would like to add some points for Indian Customers:-



      • As per Reserve Bank of India mandate all national transactions via credit/debit cards are secured with OTP. This means that if someone has access to your mobile and your card details you are out of luck. Any netbanking transaction also is via OTP on SMS, so please keep your phones safe and always put a password and sim lock.
      • Secondly take due note that any international transaction does not follow this rule and OTP is not required to complete such payments. Only your Credit/Debit Card no and your 3/6digit CVV is enough to complete the transaction. Always memorize your card CVV or remember it and write it in a secure place and then put a white tape or use a permanent marker to black out the CVV field on the card. Make sure you do not give your card to swipe at any outlet with CVV on it. Another way is most banks allow you to enable and disable international payments as and when you want. So you can keep international payments disable and use it only when required. Some banks also let you generate virtual cards which are very safe for such kind of transactions.
      • Lastly before using an ATM always ensure the ATM machine has not been compromised. Tug at the card reader to check if a skimmer is installed and check for fake keypad/ cameras always.
     
    daljeet, kram7750, LowcyGier and 8 others like this.
  2. Google Adsense

  3. BC2Tweak

    BC2Tweak Reviews Moderator Staff Member

    Excellent information, @revC0de....doing online banking safely is must these day!! :)

    :thanx::win:
     
    LowcyGier, Der.Reisende, wwd and 4 others like this.
  4. jasonX

    jasonX Giveaways Moderator Staff Member

    Now that's great information there! You rock man!
     
    LowcyGier, Der.Reisende, wwd and 4 others like this.
  5. guardian

    guardian Administrator Staff Member

    :great: information about how to be wary when doing online banking.. !!

    especially 4 - Regularly check the transactions of your bank account to make sure the transactions listed are those actually carried out.

    most hacked account holders will not notice the odd few $$$ missing here and there as they would if large sums are missing
    so this is what cybercriminals count on .. so we suggest that you check your statements with an eye for every detail and you can
    veryify every $$$ in and out of your accounts...

    @revC0de :thanx:
     
  6. Trim

    Trim MTAC Moderator Staff Member

    Very useful and well-written thread @revC0de ,surely fundamental for users who perform banking operations online often, or even everyday. Thanks for the share.
     
  7. revC0de

    revC0de MTAC Moderator Staff Member

    Thanks! :wide:

    If I think back to some "default-ok" and very happy clicker IRL friends, well, I don't want to guess if they do online banking! :S:D
     
    guardian, Trim, wwd and 4 others like this.
  8. BC2Tweak

    BC2Tweak Reviews Moderator Staff Member

    Some years ago, we had a very interesting experience in this area. And we watch our bank accounts like a hawk. What happened is: We had a Stamps.com account, which we thought was canceled, but apparently not, because somehow someone got a hold of it, and was attempting to withdraw over $400.00 from our bank account into our not-canceled Stamps.com, through the use of my debit card. When I discovered this, I about hit the floor in a state of faint. Well, had to call our Credit Union and ask them what we should do, because we had never experienced this type of activity before. They told us to call the Security Department at Stamps.com and get the account canceled and insist on a refund of that money. Then, the FRaud Department at our Credit Union told us to come in, to our local branch, and make a Fraud Report with them...which, then cause those funds to be reversed back to us, along with the Stamps.com Help.

    And we were very careful, but it happened anyway...however, we caught it in time, and put a screeching halt to the fraudulent attempt.

    Even more so now, you ABSOLUTELY MUST BE VERY, VERY CAREFUL with how you handle your financial transactions. And keep a hawk's eyes watch on your financial institution's accounts, and other such financial-type accounts.
     
    daljeet, guardian, Trim and 6 others like this.
  9. revC0de

    revC0de MTAC Moderator Staff Member

    Thank you fo sharing and very, very well said!!
     
    Trim, wwd, LowcyGier and 3 others like this.
  10. BC2Tweak

    BC2Tweak Reviews Moderator Staff Member

    You're welcome-0005a.gif !!
     
    wwd, LowcyGier, silversurfer and 3 others like this.
  11. Der.Reisende

    Der.Reisende Malware Tester Member Of Month - Tweakbytes Defender

    revC0de, BC2Tweak, guardian and 5 others like this.
  12. guardian

    guardian Administrator Staff Member

    in portal :mail:
     
    LowcyGier, revC0de, wwd and 4 others like this.
  13. Bala

    Bala Administrator Staff Member

    I think this was some great information provided.
    It is pretty essential for users nowadays to practice safe banking techniques since phishing and e-fraud are on the rise.
    Always use an OTP or a random password generator like those password generator cards.

    I would like to add some points for Indian Customers:-
    • As per Reserve Bank of India mandate all national transactions via credit/debit cards are secured with OTP. This means that if someone has access to your mobile and your card details you are out of luck. Any netbanking transaction also is via OTP on SMS, so please keep your phones safe and always put a password and sim lock.
    • Secondly take due note that any international transaction does not follow this rule and OTP is not required to complete such payments. Only your Credit/Debit Card no and your 3/6digit CVV is enough to complete the transaction. Always memorize your card CVV or remember it and write it in a secure place and then put a white tape or use a permanent marker to black out the CVV field on the card. Make sure you do not give your card to swipe at any outlet with CVV on it. Another way is most banks allow you to enable and disable international payments as and when you want. So you can keep international payments disable and use it only when required. Some banks also let you generate virtual cards which are very safe for such kind of transactions.
    • Lastly before using an ATM always ensure the ATM machine has not been compromised. Tug at the card reader to check if a skimmer is installed and check for fake keypad/ cameras always.
    Stay safe.
     
  14. whizkidraj

    whizkidraj Member Silver Member

    I would love to go to shopping or to an ATM with you Bala one day hehe :)
     
  15. Bala

    Bala Administrator Staff Member

    Hi raj.
    Well you can till you are paying lol.
     
  16. revC0de

    revC0de MTAC Moderator Staff Member

    Thank you @Bala for this great addition!
    :read::wide:
     
    LowcyGier, Der.Reisende, Trim and 3 others like this.
  17. revC0de

    revC0de MTAC Moderator Staff Member

    Thanks @Der.Reisende , thread edited with your input!
    :read::wide:
     
    LowcyGier, Der.Reisende, Trim and 2 others like this.
  18. revC0de

    revC0de MTAC Moderator Staff Member

    Thanks @guardian, your point is very important. :ohno:
    And yes, unfortunately, sometimes people understand the mess...too late..:S
     
    LowcyGier, Der.Reisende, Trim and 3 others like this.
  19. Dhruv Gupta

    Dhruv Gupta Member

    Virtual keyboard also enhances the safety of internet banking if I am not wrong.
     
    daljeet, wwd, LowcyGier and 1 other person like this.
  20. daljeet

    daljeet Initiat3

    Great information and very useful.
     
    LowcyGier likes this.
  21. daljeet

    daljeet Initiat3

    Yes, you're right virtual keyboard helps a lot.
     
    LowcyGier and RGiskardR like this.

Share This Page