Today’s technology gives you the convenience to access your banking needs wherever you are.  Online banking is as safe as any other banking transaction, but when consumers conduct transactions online, they need to be conscious of their decisions because certain online behaviors can put them at risk.  Use these six online banking security tips to keep your identity and money safe.

Select A Strong Password And Change It Regularly

Boost your online safety with a strong password.  According to, experts recommend that you should change your passwords at least every three months. Never use your name or personal details such as your favorite sports team or a family members name.

Make sure to use a password that you do not use for other accounts and always use a combination upper and lowercase letters, numbers, and special characters.

Many people have a habit of storing their password on their devices.  If your device is hacked or stolen, someone can easily gain access to your online banking password.

Avoid Public Devices And Wi-Fi

Refrain from using public technology devices or public Wi-Fi when banking online.  When you are using a public device or Wi-Fi network, hackers can access your browser history and passwords.  If you plan on checking your bank account in a public location, use your own device and rely on your mobile data or a virtual private network (VPN).

Use Multi-Factor Authentication

Always opt-in for multi-factor authentication if your financial institution offers it.  This is a method of signing in that requires not only a username and password but also a one-time code that is sent by text or email.  This extra layer of verification makes it much harder for a fraudster to access your sensitive accounts. 

Update Your Devices

Do you often get alerted that your phone software or browser is out of date?  Don’t ignore it!  Make sure to keep your devices up to date as hackers often take advantage of the weaknesses in outdated software.  Also make sure to invest in a licensed anti-virus software to provide protection from malware and viruses. 

Keep Track Of Your Statements

Keep track of your bank statements and contact your bank if you see a charge you don’t recognize.  In some situations, hackers may make a series of small fraudulent withdrawals to see if you have money in your account.  Even if it is initially a small charge, it could later be a large charge, so keep an eye on any suspicious activity.

Type In Your Bank’s URL

Always type in your bank’s URL instead of clicking on links online, through text and email.  The message may look legitimate or seem like it’s from a trusted source, but it is essential to avoid this as it could take you do an unauthorized website.

When you access the online banking page for your bank, check if it has “https” prefixed in the website URL.  According, this prefix indicates that the communication between the website and browser is encrypted and secure.

There are many great benefits that come with online banking, such as access to convenient features like Mobile Check Deposit, Bill Pay, Person-To-Person (P2P Pay) and security safeguards that keep your money and identity safe.  Click to learn more about Banterra’s Mobile Banking App and Digital & Online Banking Services.