How secure is internet banking?

1 Answer

Answer :

internet banking is highly secure. It has to be or no one would use it. Lenders have gone to great lengths to create highly secure systems and, given the millions of people who use these systems, you will notice virtually no news stories about problems and issues. When you sign up for Internet banking, you will proceed through a multi-step process to create a complex password and identifiers. Most lenders also include other verification methods (like an icon or photo) that serves as proof of the legitimacy of your logon. With the ease and speed of Internet banking, many customers use it exclusively and without problems.

Related questions

Description : Do you feel secure banking from your mobile?

Last Answer : answer:Do you mean banking over the phone or banking over the mobile web? Either way, I feel pretty comfortable personally, just because my bank protects me against fraud and identity theft, and honestly there's ... steal. But if I had anything super important to do, I would always do it in person.

Description : How secure is your banking on your mobile handset?

Last Answer : Not very. I believe most phones lack a fully featured web browser, and therefore lack a way to make secure 128-bit encrypted connections as used with browsers on a PC or otherwise.

Description : Secure internet passwords - at one point does it not matter any more?

Last Answer : answer:@elbanditoroso The cracking programs are using dictionaries of millions of known existing passwords plus algorithms that manipulate the existing ones (substitute O's of 0's, 1's for l's etc.). ... crack that password it'll be worthless to them because it's used nowhere else on the internet.

Description : How do I secure my internet connection?

Last Answer : Do you have a wireless router? If you don’t they can’t do it by piggybacking. Or Wardriving.

Description : How can I make Internet Explorer run in a secure kiosk mode?

Last Answer : Opera's kiosk mode is better than IE's, so if it's possible for you to switch to Opera, that'd help you on your way. See here for details: http://www.opera.com/support/mastering/kiosk/ ... kiosk browser turned up a few fairly affordable programs which just wrap IE's renderer in a better kiosk mode.

Description : How can I secure my home internet connection?

Last Answer : it's actually not difficult in either case. you're referring to a wireless network, correct? and when you write log on what exactly do you mean? i don't know any people that have to log on ... their machine is configured. i use comcast as well and it's great. what model router are you using?

Description : How can I secure my wireless Internet from others using it?

Last Answer : Open your Internet browser and type in “192.168.2.1” in the address bar to see if you get your router settings window. Then setup a WEP or WPA key.

Description : How do I secure my internet connection?

Last Answer : answer:The security of your connection to the internet is a two way street: your computer is happy to encrypt the data you send over the internet, but the server receiving the data needs to be happy to ... will only let certain devices (which you have to specify) connect to it. Hope that helps :-]

Description : How do I know if my wireless internet is secure?

Last Answer : You can check from someones computer to make sure your wireless internet is secure. A wireless internet security CD rom also comes with the wireless router to insure internet security.

Description : Which of the following is true of cloud computing? A. It's always going to be less expensive and more secure than local computing. B. You can access your data from any computer in the world, ... connection. C. Only a few small companies are investing in the technology, making it a risky venture.

Last Answer : You can access your data from any computer in the world, as long as you have an Internet connection.

Description : A ..................is an extension of an enterprise’s private intranet across a public Network such as the Internet across a public Network such as the Internet, creating a secure private connection. A) VNP B) VPN C) VSN D) VSPN

Last Answer : B) VPN

Description : A ………………. is an extension of an enterprise’s private intranet across a public Network such as the Internet across a public Network such as the Internet, creating a secure private connection. A) VNP B) VPN C) VSN D) VSPN

Last Answer : B) VPN

Description : Secure Sockets Layers does which of the following? a. creates a secure, private connection to a web server b. encrypts information c. sends information over the internet d. all of the above

Last Answer : d. all of the above

Description : The Secure Electronic Transaction protocol is used for a. credit card payment b. cheque payment c. electronic cash payments d. payment of small amounts for internet services 

Last Answer : a. credit card payment  

Description : For secure EDI transmission on internet a. MIME is used b. S/MIME is used c. PGP is used d. TCP/IP is used

Last Answer : b. S/MIME is used 

Description : S/MIME in Internet technology stands for (A) Secure Multipurpose Internet Mail Extension (B) Secure Multimedia Internet Mail Extension (C) Simple Multipurpose Internet Mail Extension (D) Simple Multimedia Internet Mail Extension

Last Answer : (A) Secure Multipurpose Internet Mail Extension

Description : How does Internet banking work?

Last Answer : answer:Generally speaking, Online Banking is a service provided by your banking institution - just another way to manage your money. I bank with Chase. With Online Banking and Mobile Banking, I very ... country this past summer, so anything I purchased in Canada wouldn't be flagged as fraudulent.

Description : My computer seems to be blocking my access to internet banking. It has been a few days now. Is this a virus?

Last Answer : What does it say when you try to access your bank account? Can you post a screenshot or something maybe?

Description : Ms. Sita trying to log into your Internet Banking account for online transaction activity. However, as strange as it may seem, -Technology

Last Answer : I. (i)Source code is available.(ii) Money need not to be paid for procuring the license for usage and further distribution.II. She could be under a DoS attack!She should deploy an ... into her network if not already done. This helps in restricting the bandwidth usage to authenticated users only.

Description : What to do to launch internet banking service of Dutch Bangla Bank ?

Last Answer : : In order to use Dutch Bangla Bank's internet service, you need to contact the bank. They will give you a form and if you fill it, they will give you user ID and password. And internet banking of Dutch Bangla Bank is now completely free. You don't have to pay any separate charge.

Description : Have they caught it these days? Or is it risky? Do you use internet banking?

Last Answer : I don't know them all - but as far as I know, the least secure ´component´ of net banking is the user. :O

Description : The Era Of Internet Banking?

Last Answer : For people that aren't familiar with internet banking, it canseem like a very complex endeavor. In reality, everything aboutInternet banking is designed to make the process of banking simplerand more ... . So are yourcommunications with the bank you do business with. You can contactthem from yo

Description : Is internet banking safe?

Last Answer : internet banking is highly secure, which it has to be in order to maintain the integrity of the bank as well as the confidence of the customers. Lenders have gone to great lengths to create ... . With the ease and speed of Internet banking, many customers use it exclusively and without problems.

Description : Enjoy Using Suntrust Internet Banking?

Last Answer : Suntrust internet banking is a powerful financial tool that helps Suntrust customers manage their money. This service is free to customers and gives them the ability to stay in control of their accounts ... funds, Suntrust Internet banking users have access to one of the best products on the market.

Description : The terms 'Bull' and 'Bear' are associated with - (1) Banking (2) Foreign Trade (3) Stock Market (4) Internet Trade

Last Answer : (3) Stock Market Explanation: The terms 'bull' and 'bear' describe upward and downward trends respectively of the stock market. A bear market refers to a decline in prices, usually for .a period of ... group of securities or the securities market as a whole. A bull market is when prices are rising.

Description : "Smart Money" term is used for - (1) Credit Card (2) Internet Banking (3) eBanking (4) Cash with Public

Last Answer : (1) Credit Card Explanation: Credit cards are sometimes considered as smart money since they enable transactions without the need for physical cash and that, too, in a convenient manner. It ... pure economic terms, Smart Money refers to investments made by people experienced in matters of finance.

Description : ”Smart Money” term is used for (1) Credit Card (2) Internet Banking (3) eBanking (4) Cash with Public

Last Answer : Credit Card

Description : The terms ‘Bull’ and ‘Bear’ are associated with (1) Banking (2) Foreign Trade (3) Stock Market (4) Internet Trade

Last Answer : Stock Market