The world is going digital, and on the other hand, there is a gradual increase in the number of cybersecurity breaches. What do we do now? Do we stop switching to “digital” or become more cautious about cyberattacks on digital transactions?
Well, coronavirus pushed or maybe forced us to go digital — from online payments to digital transactions to e-shopping, and many more. Digital payments have seen an enormous urge during the COVID-19 pandemic. The world welcomed digital payments and adopted UPI-based payment, credit/debit card systems, mobile banking, etc.
But then, parallelly, there are numerous high-alters on digital or online scams. For instance, the last email in your inbox might sound like this:
“You’ve got $1000 in the recent lottery. Share your bank account details to get them credited. Deadline: 1 PM EST!”
Well, these kinds of emails or messages could cost you a lot, be Aware!
How do I securely make digital payments?
Should be your first question now. So, digital payments are the most instant and convenient payment modes. They are safe and secure. They handle the cash in their wallets, however, accompanied by several risk factors.
Avoid Suspicious Apps.
You should make sure that you have logged onto a safe online platform before completing the checkout. It is always suggested to use trusted official sites or applications to protect your digital payment process.
Do Not Save Your Card Details.
First and foremost thing, do not save your credit/debit card details while making the payments. This step will certainly protect your card from the risk of being stolen. Once you are done with the online payment, better keep an eye out for the card information if in case it has been stored on the site.
Don’t Share Passwords.
Alas, never do this! Passwords of your internet bank accounts or digital wallets are crucial. Hence, you must never share with them with anyone. Not even to the bank officer! If someone asks you to share your card or password or the OTP details, immediately report it to the respective authorities.
Passwords protect your digital data, money, and your transactions related information. In fact, they should be extra strong. So try to change them at regular intervals according to the bank guidelines.
Say NO to Public Computers and Wi-Fi Networks.
This is highly recommended. You should avoid connecting to a public device or a public Wi-Fi network while pursuing any online transactions. They are prone to cyberattacks, theft, and other fraudulent activities. They are unsecured.
It would be best to use only the protected, secured, and trusted devices or networks to conduct safe and verified transactions.
Beware of Illegitimate Apps.
These unlawful or fraudulent apps are always somewhere hidden in your App Store or Play Store. These remain unverified with multiple negative reviews or feedback. So, while downloading apps, check out the reviews and the application’s authentication to avoid any unauthorized circumstances.