In this age of the Internet, there has been a transformation in the way people bank. Most transactions can be conducted online, and one can access cash fast from innumerable ATMs strewn all over cities and towns. What is more, with internal tie-ups, you can even use ATMs of banks other than your own. All of which makes banking very easy and user-friendly.
At the same time, it also makes you vulnerable to cheating by tricksters and identity thieves, who steal your money by accessing your information. Cyber crimes have become very common these days, and if you are not careful, you could lose your hard earned money to these unscrupulous people. Although most banks have data encryption security, it is still not 100 % hacker proof, in spite of the claims made by banks.
One of the first canons of safe banking is to exercise caution while using the ATM. For example, when withdrawing money, stand in such a way as to prevent a bystander from spying what you are keying in. The password being vital, you need to make sure not to disclose it to anyone, or write it on a piece of paper, or even store it on your computer. It is important to keep changing your password...
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