8 Effective Ways To Protect Your Bank Account From Hackers

All your account information, card details, and online banking credentials are private to you. 

Many people have lost a lot of money to scammers as a result of unnecessarily revealing one or more of their account information. Given that we submitted all our hard earnings to the surface of the banks we have to Unconditionally keep them secure at any cost because hackers have always been around, and once they got your bank account details they'll make you suffer a great loss before you regain control over your account, and the worst part of it is that your bank can not refund your lost assets arguing that your funds can not leave your account without your consent.

Before you are caught unaware, we made this article for you to learn how to protect your bank account from hackers. 

Key Summary of the Topic 

To protect your bank account from hacking and any weird fraud attempts... 

• Never share any of your account information with anyone.
• Disregard any so-called assistance via phone call or email that claims to be officially from your bank. 
• Never reveal your card details and other sensitive information about your account to anyone including bank officials. 
• Always contact your bank if you experienced any frauds attempt. 
• Avoid using public WiFi and or public computer in making online banking transactions. 
• If using your personal computer for online banking make sure you keep it safe by installing the latest anti-virus and Windows firewall. 

Let's dive into the details of the article... 

1. Always be on the alert for scam activities

Be cautious whenever you received a link via SMS or an email requesting you to update your bank details or give any of your banking information for further assistance, to protect your bank account from hackers you should always be disregarding such kind of assistance and not even try to give a response. For the sake of ensuring the utmost security of your account your bank will never ask you to reactivate your online password, give your ATM card number, PIN, expiry date, token-generated codes, or any other sensitive information via phone call, SMS text, email, or by clicking a link. 

Whenever you encounter something like that you should immediately contact your bank support line or proceed to the nearest branch to confirm the incident. 

 

2. Be on guard for your ATM card details 

The details on your card such as CVV, card number, card expiry date, ATM PIN, OTP, and online credentials all are private information and a major part of protecting your bank account that you should not reveal or share them with any person even if he is your bank manager. Ideally, no bank official has the authority to ask their customer to provide any of those private details whether during an interactive session with the customer or via a phone call, text message, or email. 

3. Keep away from using strange ATM Machines

Scammers took a chance of using ATMs that are not sighted in public locations, they usually install skimmers inside the ATM's outlet which copy the data of any ATM card inserted into it. Those tricks are hard to detect, so to keep your bank account safe from fraud initiated through compromising your ATM card you better keep away from using any ATM that looks weird.

4. Avoid any unsolicited phone calls claiming to be from your bank 

This is the most effective way of securing your bank account from hackers as many fraudsters took the habit of calling people over the phone or sending an email claiming that they are agents from your bank and that there is a certain problem with your account that needs urgent attention. The rule of thumb that ensures bank account safety against scams is there is no way a bank agent will ask you to give your account information such as ATM PIN, OTP, Card number, card expiry date, and date of birth over a phone call or via email no matter what problems befall your account. For the security of your bank account you should ignore revealing your sensitive information to any person claiming to be your bank customer care agent, the best practice is to report any suspicious calls to your bank and travel through the bank for any potential security issues in regards to your account. 

5. Be scam-smart to contact your bank customer support for any fraud attempt 

Any bank has a customer support line with a combination of both online customer service and offline numbers assigned specifically to attend to the customer's problems, and they work for the period of 7/24, they are always ready for help. Stick to your bank customer service center and save their help lines on your mobile phone to contact them any time you feel your account is unprotected and you'll instantly have all the necessary support services. Once you encounter fraud attempts on your bank account you have only two options, either to go directly to them or if it's not working hours or you can't go on time then contact them to report your problem. 

6. Do online banking reasonably 

If you do online banking you have to know at least some basic safety measures that help to protect your bank account and online credentials from scammers. Not all online shops are safe. Some of them were just scam centers for stealing users' information. Your online credentials and bank account information are not safe as soon as you put them on such kind of unsecured websites. 

Generally, everyone doing online banking should put these tips into consideration for the security of his account: Beware of putting your card details randomly on online websites that you don't know about it before or that you're suspicious of. 

Additionally, using public WiFi to do online banking transactions has potential risks of compromising your information. Public WiFi is an open room for hackers who are using spyware to obtain your username and password the moment you input them. An expert suggests you not use public WiFi for online banking, and if it's necessary to use it reinforces the security of your information with the aid of using a Virtual private network (VPN) which helps to encrypt your data and disguise your IP address. 

7. Use a strong password 

Using a strong password will help you protect your bank account from fraudsters. There is some advice from social media experts that suggests how strong a password is supposed to be such include: 

• Long password with a mixture of Alphanumeric, upper and lower case, and symbols. 
• Not formed by using common names, nicknames, dates of birth, house numbers, etc. 
• A strong password that helps secure a bank account is updated regularly and the user creates a unique password for every account, additionally setting up the two-factor authentication provides your account with an additional security layer against hackers. 

8. Regular Checking of your account balance 

Frequent checking of your account balance especially after you made transactions will give you clear details of what goes on and out of it, and it will help you take note of any strange activities in your account and take necessary measures to protect your bank account from scams by reporting to your customer's care center.

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