Online Banking Security

Online Banking Security

1. Security is vital on a bank system and so a number of techniques have come along to make using this service as safe as possible.

2. Security check 1

   • In order to use an online banking system you have to log in with a username and a password
   • However, because of the need for very strong security, you wont be asked to enter all of your password
     • You may be asked to enter for example the 2nd and 5th letter from your password.
       • This is so it makes it very difficult for a hacker to guess your password

3. Security check 2

   • Once you have gotten through this first layer of security you may be asked to answer a pre-arranged question
   • This is why personal details such as your mothers maiden name or your birthday should not be revealed on social networking sites

4. Security check 3

   • As an additional level of security the bank may also issue you with a device such as a card reader
   • It is a bit like a normal card reader you find in a shop
   • You insert your debit card and enter your PIN. If the PIN is correct, then a random number is shown that you then enter into the banks online site