Avoid keeping a password too long. It’s understandable if users have had the same passwords for months, if not years. Life in a digital world requires usernames and passwords for just about everything, but it’s vital that banking passwords are routinely changed. Changing passwords once per month improves security, especially if passwords include a combination of letters, numbers and symbols. When changing passwords, resist the temptation to use a password you’re already using for another account.
Use only your own network when banking online or via your mobile devices. Public Wi-Fi may be convenient, but users have no idea who else might be making use of that convenience. Various cybersecurity experts indicate that public Wi-Fi is especially vulnerable to man-in-the-middle (MITM) attacks, a type of security breach in which a third party intercepts communications between two unsuspecting parties, such as an online/mobile banking user and his or her bank. To reduce your risk of being victimized by an MITM attack, avoid using any website or app, including banking platforms, that require a login on public Wi-Fi.