Online Banking – Good Habits Against Identity Theft to Improve Credit Scores

Part 8 of Credit Repair Skills and tips, we discuss the critical aspects of how to prevent and discourage Identity Theft with the ultimate aim of effective Credit Repair. This is critical in helping you to conduct best practices in online banking and online financial transactions, armed with which skill, you would be able to promptly rectify sudden and drastic drops in your credit scores reflected in your Credit Report. Below are some best practices to safeguard you against identity theft.

Verify Authenticity of Internet Merchants before Online Transaction.

There are countless fly by night merchants or internet merchants both in their physical or cyber presence and you need to fully ensure that the transaction is safe and the merchant is authentic. Check out the Better Business Bureau as well. Read their privacy policy and for online merchants, when you log in to transaction, you will probably have a sense of whether the cyber merchant uses encryption technology to ensure safe transaction purposes.

Ensure That Online Accounts And Passwords Are Kept Safe.

Online banking is very personal and should be kept that way. Whenever you log into your banking accounts, ensure that no one has privy to your transactions, your accounts and most of all your passwords. Never give away your passwords to anyone inclusive of your spouse. Also, do not commit the mistake of storing your account numbers and passwords in your laptop or computer where others can have easy access to.

Never Send Personal Details Online Until Authenticity Of The Other Party Is Verified.

With computer ease of use nowdays, even with all computer precautions, you need to avoid providing private information through email or your computer. Be extra cautious if you get an email from your bank asking you to verify your information by clicking on a link – this is a popular online scam which online scammers are out to trick you into giving them your personal details thereby stealing your identity to transact at your bank or worse still, sell your personal details to criminal financial syndicates. If you must provide information, personally check with your bank to find out if there is a request sent to you to update your particulars. In any case, use an alternative communication mode to verify the authenticity of your online requests which you receive.

Be Protect With A Good Firewall And Antivirus Protection System.

If you are an avid user of online or internet banking, always ensure that you have a good firewall and antivirus system installed. Take a course in safe computing if you are new to online transactions, or approach your bank officer for advice on maintaining online banking best practices. If there is one thing you need to do after you log out of your internet banking platform is to clear the cache. Never log into your banking platform at cybercafýs, use public internet networks or borrowed laptops for your personal online financial and banking transactions. Cyber ​​identity thieves are omnipresent.Remember that you can never be too safe with your online transactions, so take heed and safeguard yourself against online identity thieves. For more good reads on Credit Repair and Identity Theft Prevention, visit my site.

Source by Joey Lee

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