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Is Online Banking Safe ?

Online banking allows people to undertake traditional banking activities, like account transfers, payment of bills and requests for stopping payments, via the Internet. Customers can also keep tabs on the account balance from the comfort of their home. In this day and age, online banking has become an indispensable facility for people who are hard pressed for time and find it difficult, if not impossible, to reschedule their busy lives for the sake of making a few withdrawals and deposits. However, there are a few issues that have to be borne in mind in order to avoid being cyber scammed. Is Online Banking Safe - How Safe is Online Banking? This question often torments the customer who appreciates the facility of online banking but has a few misgivings about online banking security. An online bank account is accessed with the help of a username and a password. On divulging this information to an impostor, the customer ceases to have control over the online account....