Online banking offers the convenience of managing your accounts from any location. By logging into your bank’s website or mobile app, you can check balances, transfer funds, pay bills, and deposit checks. However, as with any activity you engage in over the Internet, it’s essential to keep yourself safe from potential cybercrimes. Although financial institutions make it a top priority to provide secure online banking, taking the following precautions will add an extra layer of protection for your money and personal information. 

How to Have a Safer Online Banking Experience

1. Create New Passwords Often 

Skilled cybercriminals know how to bypass simple passwords and gain access to bank accounts. Thus, it’s vital to make sure your passwords are complex. Avoid using standard information like birthdays, partner’s names, or names of pets, as these are often used as default passwords that can quickly be figured out. Create one that is unique by using a combination of letters, numbers, and special characters.  Additionally, they should be changed every few months to reduce the risk of being hacked. Keep your passwords private, and consider using different ones for each account so if one is compromised, the others remain safe.

2. Avoid Using Public Computers & Wi-Fi

Libraries and coffee shops are great places to get work done, but it’s best not to do any online banking from locations such as these. Should you forget to log out or clear the cache, it’s easy for someone else to get your information and access your account. Also, you should never login to your account over a public network. Public Wi-Fi connections aren’t secure or encrypted, making you vulnerable to hackers. 

3. Invest in Anti-Virus Software 

One of the most effective ways to protect your online banking accounts is to install top-rated anti-virus software on your computer. These products are designed to detect possible threats from malware and other viruses and prevent them from putting your sensitive information in danger. Be sure to keep your software updated so that it can be the most effective. 

If you’re looking for a reputable financial institution that can offer a high-quality online banking experience, visit The Missouri Bank. As a staple of the Wentzville, MO community for more than 80 years, they’re proud to provide clients with a full suite of personal and business banking solutions. Their wide range of options makes it easy to handle the majority of your financial needs in one place. Call (636) 327-4900 to inquire about setting up an account or visit them online to learn more about the benefits of their free online banking services.