Take this assessment to find out how secure your online banking practices are.
Start
1. Do you and your employees change your passwords at least once every three months?
Yes
Good job!
No
That's not best practice.
Security tip: It is best practice to change your passwords at least once every three months, or more frequently if possible. This will help lower the chance that a fraud actor can guess your login.
2. Do you or your employees use the same password for more than one set of credentials/accounts?
Yes
That's not best practice.
Security tip: Your online bank account login should be unique. Fraud actors can use hacked passwords from one platform to gain access to accounts on other sites.
3. Do you do a complete comprehensive device scan on your company devices at least once a year?
Yes
Good job!
No
That's not best practice.
Security tip: A technician can run a comprehensive device scan to determine if your network is infected or if there’s malware on your device. Mobile devices and laptops should also be scanned when someone leaves the company and has to return their devices.
4. Are the answers to you or your employees’ challenge questions available on your/their social media accounts?
Yes
That's not best practice.
Security tip: Fraud actors can troll social media accounts for information, such as security question answers, that can help them access your banking account.
5. Are you educating or re-educating your employees on up-to-date fraud trends and cybersecurity measures?
Yes, at least once a year
Good job!
No
That's not best practice.
Security tip: Fraud protection comes down to proper training and education for your employees. Another great way to protect your business is to divide duties so each employee is accountable for their responsibilities.
Security tip: If you don't already have it activated, turning on two-factor authentication is the quickest way to secure your online accounts. It provides an additional layer of protection from fraud actors.
Security tip: Reviewing your bank accounts daily ensures that if an unauthorized transaction occurs, you can contact your financial institution immediately.