Here are some steps you can take to secure your online banking transactions from hackers:
- Enable two-factor authentication – Many financial institutions and online accounts now offer two-factor authentication, which requires you to enter a code sent to your mobile device or e-mail account in addition to your username and password when logging in.
- Use strong passwords – Ensure your passwords are at least 8 characters and use a mixture of capital and lowercase letters, numbers and special characters.
- Avoid public Wi-Fi networks – Public Wi-Fi networks are not secure. Avoid using them when making online banking transactions.
- Set up fraud alert notifications – Most financial institutions offer the option to receive notifications when suspicious activity is detected on your account. Make sure you enable this feature.
- Keep your devices updated – Make sure your devices have the latest security updates and antivirus software.