Avoid keeping a password too long. It is understandable that users have had the same passwords for months or even years. Living in a digital world requires usernames and passwords for just about everything, but it’s essential that bank passwords are changed regularly. Changing passwords once a month improves security, especially if passwords include a combination of letters, numbers, and symbols. When changing your password, resist the temptation to use a password you already use for another account.
Only use your own network when banking online or through your mobile devices. Public Wi-Fi can be convenient, but users have no idea who else might be taking advantage of this convenience. Various cybersecurity experts indicate that public Wi-Fi is particularly vulnerable to man-in-the-middle attacks (MITM), a type of security breach in which a third party intercepts communications between two unsuspecting parties, such as a user of online/mobile banking and its bank. To reduce your risk of falling victim to an MITM attack, avoid using any website or app, including banking platforms, that require connection over public Wi-Fi.