How does encryption protect my online banking information?
An example of an AI chatbot conversation about encryption in online banking.
How does encryption protect my online banking information?
Encryption secures your data by converting it into a code, making it unreadable to unauthorized users.
What types of encryption are commonly used in online banking?
Common types include SSL/TLS for secure connections and AES for encrypting stored data.
Can encryption prevent all types of cyber attacks?
While encryption significantly enhances security, it cannot prevent all attacks, such as phishing.
How can I ensure my bank uses strong encryption?
Look for banks that use HTTPS in their URLs and have up-to-date security certifications.
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