This may seem like obvious advice, but your choice of password can create an opening for hackers, even if you don’t realize it.

And there are a number of things you can do yourself to help keep your online banking information safe. After all, you work hard for your money and protecting it is priority number one.īanks rely on various security measures, such as 128-bit or 256-bit data encryption, to protect their customers. Or an identity thief could leverage your information to open credit cards in your name and treat themselves to a shopping spree.Ĭoncerns over online banking security are something to take seriously. Money could be drained from your account via fraudulent wire transfers, for example.

Having your bank account hacked or your personal and financial information stolen can create innumerable headaches.

There’s just one big concern to keep in mind when banking online: security.