Online Banking Security Tips

- 09.10

Internet Banking Security Tips - Somerville National Bank
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Web safety, or online safety or Internet Safety, is the knowledge of maximizing the user's personal safety and security risks to private information and property associated with using the internet, and the self-protection from computer crime in general.

As the number of internet users continues to grow worldwide, internet safety is a growing concern for both children and adults. Common concerns regarding safety on the internet include: malicious users (spam, phishing, cyberbullying, Cyberstalking etc.), websites and software (malware, computer viruses, etc.) and various types of obscene or offensive content. Several crimes can be committed on the Internet such as stalking, identity theft and more.

Most social networking and chat sites have a page about safety. Numerous groups, governments and organizations have expressed concerns about the safety of children using the Internet. Safer Internet Day is celebrated worldwide in February to raise awareness about internet safety. In the UK the Get Safe Online campaign has received sponsorship from government agency Serious Organized Crime Agency (SOCA) and major Internet companies such as Microsoft and eBay.


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Information security

Sensitive information such as personal information and identity, passwords are often associated with personal property (for example, bank accounts) and privacy and may present security concerns if leaked. Unauthorized access and usage of private information may result in consequence such as identity theft, as well as theft of property. Common causes of information security breaches include:

Phishing

Phishing is a type of scam where the scammers disguise as a trustworthy source in attempt to obtain private information such as passwords, and credit card information, etc. through the internet. Phishing often occurs through emails and instant messaging and may contain links to websites that direct the user to enter their private information. These fake websites are often designed to look identical to their legitimate counterparts to avoid suspicion from the user.

Internet scams

Internet scams are schemes that deceive the user in various ways in attempt to take advantage of them. Internet scams often aim to cheat the victim of personal property directly rather than personal information through false promises, confidence tricks and more.

Malware

Malware, particularly spyware, is malicious software disguised as legitimate software designed to collect and transmit private information, such as passwords, without the user's consent or knowledge. They are often distributed through e-mail, software and files from unofficial locations. Malware is one of the most prevalent security concerns as often it is impossible to determine whether a file is infected, despite the source of the file.


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Personal safety

The growth of the internet gave rise to many important services accessible to anyone with a connection. One of these important services is digital communication. While this service allowed us to communicate with others through the internet, this also allowed the communication with malicious users. While malicious users often use the internet for personal gain, this may not be limited to financial/material gain. This is especially a concern to parents and children, as children are often targets of these malicious users. Common threats to personal safety include:

Cyberstalking

Cyberstalking is the use of the Internet or other electronic means to stalk or harass an individual, a group of individuals, or an organization. It may include the making of false accusations or statements of fact (as in defamation), monitoring, making threats, identity theft, damage to data or equipment, the solicitation of minors for sex, or gathering information that may be used to harass. According to a study conducted by Baum et al. (2009), the rate of assault through electronic means such as e-mail or instant messaging was over one in four out of all stalking victims in the study.

Cyberbullying

Cyberbullying is the attack upon an individual or group through the use of electronic means such as instant messaging, social media, e-mail and other forms of online communication with the intent to abuse, intimidate, or overpower. In a 2012 study of over 11,925 students in the United States, it was indicated that 23% of adolescents reported being a victim of cyber bullying, 30% of which reported experiencing suicidal behavior.

Online predation

Online predation is the act of engaging an underage minor into inappropriate sexual relationships through the internet. Online predators may attempt to initiate and seduce minors into relationships through the use of chat rooms or internet forums. In a sample of 216 incarcerated sexual offenders, the behavior characteristics that emerged were categorized into three groups: A) manipulative - typically a child molester; B) Opportunist - typically a rapist and C) Coercive being a mixture of both rapists and child molesters.

Obscene/offensive content

Various websites on the internet contain material that some deem offensive, distasteful or explicit, which may often be not of the user's liking. Such websites may include internet, shock sites, hate speech or otherwise inflammatory content. Such content may manifest in many ways, such as pop-up ads and unsuspecting links.

Source of the article : Wikipedia



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