mobile and internet banking...how safe?

@asliah (11148)
Philippines
January 13, 2011 7:29pm CST
have you try to check your bank account balance in the internet or mobile? do you think its safe to check your money balance here? how safe it is? i checked my bank account balance in the internet, and you have to put your ATM card number and your pin, ATM card number will only appear the last four digits and the pin are dots only. but i still doubt if its really safe to put your ATM card number and pin number. what if that bank software provider found it, and access your card secretly?
14 responses
@DoctorDidi (7030)
• India
18 Aug 11
Though mobile and internet banking are claimed to be 100% safe by the banking authorities but I have doubt in their claim. So I never dare to go for mobile and internet banking. Moreover, I do not know how to handle these two new modes of banking facilities.
• India
28 Jul 11
Yes i also checked my account balance through internet, it's a risky job but you need to use it properly and safely. When you will log in your account then log out it properly. http://www.internetbanking.in/
@tonyllenium (6266)
• Italy
26 Mar 11
yes mobile internet banking can be a way more comfortable to check your bank account and balance..so surely you can't reach the 100% security on mobile phone connection or other devices but normally banks adopt good measures to protect dates from theft nd other risks!! As regards your atm card normally you shouldn't put the pin of your card there...
@RamRes (1725)
• Argentina
21 Jan 11
Nothing is 100% safe, there are always some risks involved in checking bank accounts, for whatever method you choose. I think internet is one of the most safe by now, as you only have to deal with "software risks", like some viruses or phising site. But they all are relative easy to detect and neutralize. There are many things you can check while online to ensure everything is safe and correct. Check the address bar, carrefull see the URL and make sure that it's correct, it begins with https, look at the certificate and see if it's issued to that site, etc. And check your PC with an updated antivirus.
@ekoytyas (4671)
• Indonesia
15 Jan 11
if you use that account in right way, that was safe, but becarefull when you use internet banking for online trading, that was risk i think, don't forget to logout after use your account.
@eurekafemme (5881)
• Philippines
14 Jan 11
Hello there again. I'm not sure what bank you are using but me and my husband are checking our bank accounts through internet. However, we do not use our ATM card and its PIN number to do so. We enrolled our accounts using a USERNAME and a PASSWORD different from that of our ATM PIN. And yes, it is safe because whatever transaction we do in those bank accounts, we get notifications. Even the logging in using our username and the number of attempts to log in. So, you can check if someone other than you is trying to access your account.
@lingli_78 (12844)
• Australia
14 Jan 11
i always use internet banking here to do all my banking activities... but i never have to provide my ATM card number and i have a different PIN number for my internet banking... all the internet banking here either use username or client ID to login and not our ATM card number... that sounds a bit weird for me... take care and have a nice day...
@thanks1961 (7046)
• India
14 Jan 11
Hello, I do most of the bank transactions by online/internet and I am using the internet banking from last 6-7 years. So far I have not met any problems. I think the banker has so much of security measures does before going for the transactions. I do bank transfers, utility bill payments, etc. Though it is safe and good, we should not break the rules what they are requesting. Also, we need to be more cautious about the passwords and if we feel any kind of discrepancy in whatever, change the passwords most often and keep it highly confidential. But I never used with my mobile. As it is sensitive and if the network get fails half way operation, it may create unnecessary tension and panic. Also, as regards the bank software matter, it is not single handed and all the process are carried out through a central processor and highly authorised personnel with extreme security set up. It is difficult to get an error from the banker side (may happen exceptionally, but I never heard of such incident so far). But there are third party involvements in this area. Some fraud credit card operations, duplications, password tracking, and so many things related to these thing are operational by a group of people. But the banker has issued guidelines and if we follow them, it is difficult to others to peep into our account details. Also, if we get any e-mails or such things from the banker, make it confirm with the banker that is there anything is sent by the banker, especially in the case of cash transfer to some of the unknown person or unknown account number. In such cases, better to go to any of the bank branch and get it done for a safer side. Every area has its own risk, but if we properly use and utilize the risk can be minimized and we should be act wisely in these matters because once any in appropriation happens, it is difficult to rectify the same. Thanks-s
@rog0322 (2834)
• Cagayan De Oro, Philippines
14 Jan 11
Hi asliah, I seldom go to banks for my cash transactions, much more on the internet. No matter how secure it is, lapses do occur and before you know it, you are one more statistics to cybercrime. "It is a jungle out there" is my favorite description of the internet. Always be careful when going online for the danger of being mugged is more real than on your neigborhood. So far, I have yet to see a hacked personal account though. I am very carefull in my login and logout routine. I only have one username and password for the many accounts I have online including my Paypal. So is my PIN (it is 123456). Having one username and password for a hundred accounts is a convenient way to login anywhere without the hazzle of memorizing or listing a unique set for every account. However, it is a sure invitation to hackers, so far no one has yet discovered it. Always one simple rule: never give your password to anybody (my password is "azzezz911"), even to your other self. If it is compromised, change it right away.
• United States
14 Jan 11
All banks offer online access to your accounts i believe they wouldnt offer it if it wasnt safe as its practically your life your looking at online. If it isnt safe you would have heard about it already in the news or somewhere you would have read about it. I have been doing online banking now for years and its really easy because i dont have to worry about calling or even going to the bank to check my account.
• United States
14 Jan 11
Its as safe as it can be, if you log on make sure you have safeguards such as a site key and if it changes from what you recognize then don't use it, change it to one you know is your own. You're more likely to get your credit card or debit card number stolen by using it around town at your favorite places because your bank won't think anything about those charges.
@kingparker (9698)
• United States
14 Jan 11
I also check my balance on the internet, but there is no need of my ATM card number and pin number while I check my online balance though. When I register with it, I set my own or designated username and password. ATM card number and pin number too sensitive though. You should tell your bank to re - design its own system.
@abhaijith (2962)
• India
14 Jan 11
Friend, am an internet banker but here,it is not necessary to provide our ATM card no and pin number. While activating the internet banking the bank provided me a user name and password both can be changed when we log in at the first time. So i can operate and check balance just like logging in my e-mail id,by typing the username and password. Have a great day.
@ybong007 (6658)
• Philippines
14 Jan 11
I think it's safe enough otherwise banks wouldn't offer this kind of service to clients. I mean, safety supersedes convenience. But we have to realize that the internet is man made and can be easily manipulated for those who know the ins and outs of computer software and programming. That's why companies are spending a lot of money to protect private information from those who are not authorized to access it. That's why it's the duty of the account holder to put extra steps in ensuring that his or her account information is kept private since there are a lot of cases where accounts are hacked, or credit card numbers are stolen during online transactions.