How secure is the digital payment?
8 minute(s) read
Published on: Apr 24, 2022
Updated on: Apr 24, 2022
With the increasing advancement of technology and digital technologies, many daily tasks are done online. Technology has penetrated all aspects of life and has penetrated matters such as health, education, sports, services, etc. Financial and banking exchanges are also subject to this rule. They are no exception, and we can see the impact of technology in this area. One of the most common services that have occurred in the field of electronic banking has caused a great revolution in the global village in terms of currency exchanges and financial and banking developments. It has created a lot of digital payments. Today, no one uses cash to buy anymore, and most people use a credit card for their costs through the POS machine. Today, traditional payments are being replaced by electronic interbank exchanges and Digital Deposits. Even today, we can do all our banking work, such as paying credit card recharge bills, money transfers, and other banking services online without a physical presence in the bank.
Now that technology has penetrated all walks of life, there is an important issue called security. How much can people trust the security of digital payments and make their payments and banking through this? Creating a secure environment in these banking services has been completed, and experts and specialists in the field of cyber security have done a lot of work on this sector, but the Internet space is part of cyberspace, and this space will never be 100% secure, but with this Measures have been taken to reduce the influence of Internet profiteers. However, many of the ways that can lead to the penetration of attackers are the carelessness and ignorance of users who use these digital services at the bottom of the measures.
We have listed the security that can help you secure digital payments and review each one.
1. Check Your Financial Bills Regularly Many customers do not take the most straightforward precautions that can be taken to check their bank accounts, and in the event of a financial theft from their account, they will never know if their bank accounts have been stolen. Check regularly to be aware of the slightest changes, and you can immediately search or protest and follow the clues and prevent subsequent and more extensive thefts. If you do not do this, different approaches. It will no longer be meaningless
2. Turn on the two-step authentication
As hacking attacks increase and it becomes difficult to prevent these attacks, customers should enable SMS-based two-step authentication to deter fraudsters from seizing their subs by activating this option, even if the hacker can enter a unique password. If you have been stolen, a text message will still be sent to your number to give you the verification code.
3. Confirm the destination of the money transfer One of the easy but necessary degrees of protection that we often do not pay attention to is what the recipient of the goal is supposed to deposit weight into their account. Sometimes there are various unconventional accounts in virtual transactions. What if we deposit money into their account? We can remove our money, so try to send a request to the recipient for the shipping cost to make sure this item does not appear to you.
Have a separate fee for your online transactions. Always record the transactions you have made and the online deposits you have made. For this exercise, start with the most Spartan credit card score and use it for all your transactions.
4. Use Biometric Authentication Many people use PINs to authenticate their credit transactions, while today, biometric authentication can be more powerful, and thieves may use game cards and stolen phones. Reduce
5. Re-test QR scans.
It may have happened to many of you that you have seen QR payment scans in a public place such as a taxi or bus, or other sites, and you can easily make your payments by scanning the desired QR. But be careful that the scan is not pasted with another code and possibly malicious on the original code. You have put.
6. Use a one-time password
As the price of one-time passwords has become annoying, however, we can still use this security element to protect our payments.
7. Check related debts.
If you have a bank loan and you want to pay the installments, be sure to use a secondary account and first transfer it to that account. If the balance decreases, you can understand it immediately; then, to merge the funds, Simply go to a central account and use it.
8. Make sure the vendor is PCI DSS compliant.
The more valid this certificate is, the better the seller must replace the cyber security certificate every twelve months, and this will increase the security of efficient payment.
9. Do not use a reset password.
In many cases, fraudsters store previously stolen data, and after re-entering the same passwords, you can facilitate the penetration of these cyber thieves; never use passwords that have been used before and have expired. Do not use it again, or the thing that happens a lot is to use a password for all accounts. Be sure to use different passwords so that if another password is tracked, subsequent versions will not fall into the hands of thieves. Many people, because of the new password, forget or never change it, but you can easily save all your passwords in it using a password management program, and if needed, you can quickly recover the new password and never passwords. Do not save the pass in your phone memory.
10. Use trusted applications There are many banking applications that you can use to easily do your banking services, but one thing to keep in mind is how secure these applications are.
11. Use fewer cash cards. Usually, do not use cash cards that are directly linked to your account for each transaction. Instead, you can use a credit card, and by charging this card, if it is a fraudulent transaction, you can only Reduce secondary card points and never access your account information. Sometimes it may take up to 60 days for your cash to be returned to your account from the financial institution.
12. Do not submit all of your personal information. If you are asked to subscribe to your personal information on a website or banking application, you do not need to share your most private information, such as your national home address code and passwords.
13. Use SSL encryption.
The most accessible security measure that any customer can take is to test a web page based on HTTP.
14. Use your own passwords.
Make sure that the password you use is particular and unpredictable; for example, do not use the name of the date of birth, national code, phone number, and other information for encryption, but use unique passwords and observe the principles of encryption and the presence of many characters, as well as Also consider the use of letters between numbers and the use of symbols for encryption. In this case, your password will be a strong password that will be difficult to identify. Be sure to use password management programs and store your passwords there. In case of forgetting, it will be possible to recover.
15. Do not save card information.
Many people make their payments using banking transaction programs and use these programs on a daily basis to buy food, clothing, etc. They will be bored entering information, and most people will use the information to They are stored by default on the app and can perform the transaction quickly, while this is not entirely secure.
17. Use reputable personal networks.
Do not use public Wi-Fi for your banking transactions, as most fraudulent and phishing attacks and even middle-aged attacks through the insecure Wi-Fi community put your public network and tools at greater risk of theft.
18. Do not rate your banking information
Many customers share their banking information with other monetary institutions during phone calls and conversations, unaware that the MITM attacker can intercept your contacts and eavesdrop on and intercept your information. To prevent this from happening, functions such as two-step authentication and biometric authentication can be helpful if possible.