Is it safe! online banking/payment in developing countries?

Nowadays, online banking payment is one of the popular services. Many people have online banking accounts and they are even using debit/credit cards for online shopping and other payments. Hackers may try to gather your credit card information and steal your money from your bank accounts. Besides, online websites sell all credit cards through the darknet. Hence, online banking payment is not entirely safe. Don’t worry. We will tell you how to be safe from online fraud and how you can prevent your accounts.

Trojan virus

It is one of the dangerous viruses which can affect our computer without our knowledge. It can be installed on your computers while surfing on the internet on unauthorized sites or downloading from torrent sites.

If it is once installed or activated in your computer, laptops, or system, it will monitor all your activities happening on the computer or gather all the important information from your system. You won’t be able to do anything. This is one of the popular ways to gather all the account details and credit card information from your computers.

Phishing emails/spam emails

One can get all of your information by using or sending spam, phishing emails to your account. The hacker will send you an email saying it comes from some genuine channel or company. The tricky part is they don’t actually ask to provide your credit card and banking information or install/run the software on your computer or system. They attach the spyware in the file like a trojan virus. If someone opens the file, then the Trojan virus can grab all your private or sensible information from your system. So you should avoid these types of spam emails in your system.

Income emails scam or frauds

Scammers lie to you by telling you they represent some company or services through a phone call or email message. The thing is, they want to gather your private credit card details and snatch money from you. These types of scammers may approach you with the highest paying job offers. Moreover, they ask you to apply for a job and deposit money for security purposes. However, in reality, there are no such offers.

Numerous clients introduce applications on their phones that award unlimited admittance to their information. These ‘malware’ infected applications can capture your passwords and send your confidential information to the application proprietor.”

We will tell you some tips/ ways or to get rid of online fraud and how you can be safe from this attack:

Use antivirus software

If you want to stop the malware, trojan, spyware, or any virus, use a paid antivirus software like Kaspersky. Although there are decent free antiviruses for even mobile devices, paid antivirus offers better security. After installing the antivirus, scan your device every week or automatically schedule scanning to be safe from viruses.

Avoid using public WiFi

The greatest danger of an open Wi-Fi network is that hackers can steal all the information with no trouble. Thus, you should avoid using public Wi-Fi hotspots for web or online banking.

However, if you must use a standard public Wi-Fi client, consider setting up a VPN on your devices. It makes it safe to browse through a VPN.

Check the updates in your mobile or Windows/Mac

Many users are jailbreaking and rooting their mobile devices to get additional features. Android and Windows update their OS regularly in their schedule. But if you have rooted your phone, then you will not be able to access that update. In the updates, they update the security of their operating system (OS), making it difficult for hackers to steal your information. Thus, we should update the system when ever possible.

Keep your passwords strong

Many people use the same passwords in different accounts, which makes your system very vulnerable. Moreover, they use the password very simple, making it easy for hackers to hack your account. To be secure, you should change your passwords regularly and keeping all the account’s passwords unique. On top of that, you can also use a password manager to manage your multiple accounts.

Have to check your account regularly

Most banks have a ‘last signed in’ or ‘login history’ tab on their sites. If you notice any suspicious activity, change your secret phrase and connect with your bank right away.

Users need to be extra cautious while downloading applications from non-official sites as they may contain some infection/malware. Always download applications from official application stores of Apple, Google and Windows.