by Charlotte Wood
(last updated February 21, 2009)
In a world rife with ever-advancing technology and where information rather than brawn is power, you need to keep an extra eye on your money and your personal information. Almost everything now is stored in a computer on a hard drive somewhere: your name, address, family members, employment information, schooling information, and even your financial transactions and activities can be found through computers. With online banking becoming more and more popular and widely used, extra precautions need to be taken to insure that your information and money stays safe.
You always have the option of having online banking. If online banking comes automatically with your account and you wish to not have that information on the internet, your bank can remove it per your request. With that said, remember that you do choose to have online banking and to have that information on a potentially unsafe system so you take a risk by simply having your accounts online in the first place. Coinciding with this upsurge in internet usage and ease, there are multiple effective ways in which you can protect your computer and your online information from the lurking, unscrupulous cyber thieves.
Always access your information on a secure network. If your network is unsecured then you risk anyone being able to hack into your files and access all kinds of information. If you make sure your internet connections are secure and stable, then you already reduce the risk of losing control of your personal and financial information.
Especially with online banking and all that you can do with your money from your simple home computer, you need to monitor your accounts. Keep track of your balance and your activity in a check register and make sure your records coincide with what the Internet says. If there's anything suspicious or not right, you need to contact your bank and take the necessary steps to research the problem and then gain back control of your accounts. If you know what should be going in and out of your account then it shouldn't be hard to quickly spot a problem. Your bank also has your financial concerns and well being in their best interests so you should utilize their help and support when making your way through a sticky situation.
Online banking is a great tool and one that continues to revolutionize the way we do business and control our money, but it does come with a risk. If you can simply take the steps to insure that your information is secure and if you keep up on your account activity, then you should be able to keep your money and information safe and private.
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