10 tips to stay safe when banking online in the UAE
Whether it’s paying your bills or sending money overseas, online banking has proved particularly convenient over the coronavirus pandemic. Managing your money over the internet is both safe and convenient in the UAE – provided you follow a few basic protocols.
This article explains how you can stay safe when banking online in the UAE.
Keep confidential details secret
Some things, like the password to your bank account and your Personal Identification Number (PIN) should stay secret. An easy way for scammers to access your bank account is to pose as bank officials and ask for these details for verification purposes – but genuine bank officials will never ask for this sensitive information. Don’t share these details with anyone, and don’t write them down because you could misplace or lose them. Commit them to memory instead – and keep them a secret.
Use private devices and Wi-Fi
Stay safe when banking online by logging into your bank account through the mobile app on your smartphone, or via a computer from your home or office. Avoid logging on via a public machine, for example at a hotel, or from someone else’s mobile phone because that puts your accounts at risk.
Secure networks are safer
Whether it’s banking or reading email, don’t access public Wi-Fi networks for anything other than causal browsing or reading the news. Hackers can easily access your computer or mobile device and steal personal information over a public Wi-Fi system – sometimes without even being in the same country. If you must access your bank account remotely, log on to the app using mobile data.
Double check the bank’s website
Log on to your bank’s authorized website each time you want to carry out a transaction. Ensure you type the address directly into your browser and that you’re not clicking on any links. Check to see that there’s a padlock next to the URL, which indicates that the website is secure. If the browser warns you that the website is unsafe, end the transaction immediately and change your password when you are able to log in from a secure device.