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 ?

smithcorey Trainee Asked on December 12, 2014 in Banking Services.
Add Comment
1 Answer(s)

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.

Raj Accountant Answered on December 13, 2014.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.