Many people find online banking to be incredibly convenient. It allows easy access to account information and transactions with just a few taps or clicks. A study conducted by Chase in 2023 revealed that 87 percent of Americans use their banking app at least once a month. However, as usage increases, so does the risk of cybersecurity issues.
The Federal Deposit Insurance Corp. (FDIC) has issued warnings to consumers regarding fraudulent bank websites and banking apps that are created to steal personal information or money. If you are aware of the risks associated with cybercriminals, you should take steps to protect your bank account.
How Do You Protect Your Personal Banking Information?
First, I would like to answer the question, ‘How should you act to ensure your bank details are secure?’. There is nothing wrong with the fact that your card number is available to a large number of people. This is a common thing...