What security measures are needed when we are doing online transactions like with Net Banking and Credit Cards?
What things we should take care for security purpose when we are doing online transactions like with Net Banking and Credit Cards ?
Multi-layer logon verification:
Your financial information is protected by a sophisticated combination of a unique Username and Password, and a one-time Security Code generated by your Online Security Device.
Transaction verification
When you transfer money or pay bills online, Banks prompts you for the Security Code generated by your Online Security Device. This ensures that only you can authorise payment and transfer requests
Automatic ‘Time-out’ feature
As a security measure, your Internet Banking session will automatically shut-down or time-out, out after a period of not being used. You should always close your Internet Banking session when you have finished.