Is Checking My Bank Balance Online Safe?

The Internet allows you to do your banking from the comfort of your own home through online banking. Online banking does have some dangers; but if you take the proper Internet safety precautions, you can enjoy safe Internet banking.

Account

Banks require you to create a username and password as a way to provide a safe environment for Internet banking. Changing your password every once in a while helps to improve the security of your online banking.

Tips

Don't use birth dates or obvious names for your password. Also, be mindful of who you share your password with, if anybody.

Warning

Be wary of phishing websites, websites which duplicate the look of your bank's website in order to obtain your username and password. Always check the URL bar of your web browser before entering your username and password to ensure you are at the bank's legitimate website.

Virus Protection

Have virus protection software installed on your computer to ensure your Internet safety. Virus protection software protects your computer from hackers, who otherwise might access your banking information.

Considerations

Always look for an "About Us" link, typically located at the bottom of a website. The "About Us" link helps to indicate the credibility of an online bank.

References

• Federal Deposit Insurance Corporation: Safe Internet Banking