Many people who have not had the chance to interact with Internet banking may be forgiven for questioning the protection that their bank accounts may have against fraudsters and hackers. This can however be rectified when people get to learn the security measures that have been structured to achieve the security set up that is practically immune to vulnerabilities.
1. Biometric fingerprint scanner for Smart Phones
People can now be comfortable handling their accounts from their mobile phones since there has been a development in technology which offers people the chance to have a biometric fingerprint scanner installed in their smart phones. This indicates the eventual reality that nobody else apart from the owner can be able to access the banking panel. Added to the physical aspect of feeding in the password, Internet banking on the mobile handsets becomes one of the most secure processes that a person can handle without fear of compromise.
2. Remote deposit and withdrawal capture
This security measure aims at making sure that any activity that is performed is captured and relayed to the owner of the account. This is a sure way of making it possible for people to trace the activity in their accounts and hence identify any anomaly that may arise. The bank is normally very astute in reporting any setting which aids in handling the security factors.
3. Virtual servers
The virtual servers ensure that the banking information of a person is safe and accessible only to the client and the bank. This enhances security and confidentiality of the information.
4. Channel Integration
This is the process whereby streams of information are kept in several copies to ensure that hackers cannot be able to effectively trace any information from the source or to the recipient servers. This has ensured that people are safe from conmen and Internet viruses.
5. Personalized Apps for Android and iOS
The personalized Apps increase the protection through offering an intimate connection for a person with their account and ensuring that people are able to understand their bank and the way the online platform works.