Write the security features of Internet Banking?
Dear student
Digital or online banks know protecting your financial information is serious business concern. They use a various technology and protective measures to keep your financial and personal information safe and secure Various measures are :-
1) Anti-virus & Malware protection. These programs help detect and prevent viruses and malicious software. Banks high quality and use up-to-date programs to weed out malware and prevent viruses from spreading in your account so that no one can hack your information from your account.
2) Firewalls. Firewalls helps us when screen data coming in and out of computer networks, blocking unauthorized access and stopping traffic from unsafe internet sources.
3) Secure Socket Layer (SSL) encryption. SSL encryption creates a secure connection with your browser when you log in, fill out an application, register for services and more. This basically helps to create a strong browser wherever you are login in your account details and passwords.
4) Cookies. By placing a cookie (a piece of text stored on a user’s computer by their web browser) on your computer after your initial login, banks can then recognize or authenticate your computer when you log in to your account again
5) Multi-factor authentication measures. This is very good and important feature of internet banking It is Multi-factor authentication which can take many forms and requires the use of two or three different authentication factors. For example, when you enter the user id and password or PIN you directly not enter into account until unless you verify one more stage that is write the OTP sent on the registered mobile no. This is also known as 2-factor or multi-step authentication.
Regards
Digital or online banks know protecting your financial information is serious business concern. They use a various technology and protective measures to keep your financial and personal information safe and secure Various measures are :-
1) Anti-virus & Malware protection. These programs help detect and prevent viruses and malicious software. Banks high quality and use up-to-date programs to weed out malware and prevent viruses from spreading in your account so that no one can hack your information from your account.
2) Firewalls. Firewalls helps us when screen data coming in and out of computer networks, blocking unauthorized access and stopping traffic from unsafe internet sources.
3) Secure Socket Layer (SSL) encryption. SSL encryption creates a secure connection with your browser when you log in, fill out an application, register for services and more. This basically helps to create a strong browser wherever you are login in your account details and passwords.
4) Cookies. By placing a cookie (a piece of text stored on a user’s computer by their web browser) on your computer after your initial login, banks can then recognize or authenticate your computer when you log in to your account again
5) Multi-factor authentication measures. This is very good and important feature of internet banking It is Multi-factor authentication which can take many forms and requires the use of two or three different authentication factors. For example, when you enter the user id and password or PIN you directly not enter into account until unless you verify one more stage that is write the OTP sent on the registered mobile no. This is also known as 2-factor or multi-step authentication.
Regards