How can banks ensure the security of my personal information?

How can banks ensure the security of my personal information?

Banks use encryption, secure servers, and multi-factor authentication to protect your personal information.

What is multi-factor authentication and how does it work?

Multi-factor authentication requires two or more verification methods, like a password and a text message code.

Are there any risks I should be aware of when banking online?

Yes, risks include phishing attacks, malware, and unsecured Wi-Fi networks. Always use secure connections.

What should I do if I suspect my account has been compromised?

Immediately change your password, enable alerts, and contact your bank to report the suspicious activity.