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Professional Banker Magazine:
Security Aspects of e-Banking Technology
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While using banking technology, customers need to focus on security aspects. This article deals with the security issues related to ATM transactions and net banking.

 
 
 

The new age bank customers not only demand speed, but also need quality and safety. Most of them prefer to use technology rather than stand in the queues in banks. Mobile phones, ATM, and Net banking are becoming the buzzwords of the day. Associated with the comforts that this new technology brings at our fingertips, there are also some flipsides. This article explores the "loose ends" and provides some "surefire" tips to encounter the same.

Normally, when you opt for net-banking, the funds transfer facility is also provided in your account without your request for the same. Immediately, inform the bank to "disable funds transfer facility" for your accounts unless and until specific request is taken from you for each of the fund transfers, you may want to. (Siphoning of funds through unauthorized funds transfer has been the latest mode of fraud). While using any Browser such as Internet Explorer, verify for the Cipher Strength of 128-bit encryption. This can be checked by going to Help MenuÞAbout Internet Explorer.

 
 
 

Professional Banker Magazine, Banking Technology, ATM Transactions, Net Banking, Internet Explorer, Financial Transactions, Non-financial Transactions, Internet Temporary Files, Anti-virus Software, Computer Files, Bank Transaction, Electronic Devices.