How Cyber Security Will Keep Your Internet Banking Safe!
However, in the modern age of technology and the digital world, where everything we do is at the press of a few buttons, the online banking system has changed the way we handle our finances forever. But with these benefits we are exposed to significant cyber security risks. Cyber criminals are always creating more advanced ways to obtain sensitive financial data, so cyber security is important for safe online banking. What is Cyber Security in Online Banking? Internet banking cyber security is the way of protecting personal / financial data from unwanted access, fraudulents, and cyber threats. Can banks like HDFC Bank, avoid e-banking frauds The banks have advanced security mechanisms in place to carry out secure electronic transactions but the users also play a vital role in securing their accounts. Types of Cyber Threats in Internet Banking Phishing Attacks – Fraudsters send emails or messages pretending to be legitimate banks to steal login credentials. Malware and Keyloggers – M...