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FinanceLane
Home News Feed Advisory

SBI warns about digital security: Suggests these guidelines for customers

FinanceLanebyFinanceLane
April 26, 2022
in Advisory, Investments, News Feed, Savings, Tax Planning, Wealth
Reading Time: 4 mins read

26 Apr 2022, 11:45 AM IST

1/6

​Customers beware

State Bank of India (SBI) has asked customers to be safe and secure when doing online transactions. SBI has developed a thorough set of digital security guidelines for customers, outlining what they should do and what they should avoid in order to keep their digital transactions safe and secure, it stated via a press release.
Customers should remember the following points when it comes to all elements of their digital banking, digital transactions, electronic payments, and social media security, according to the SBI press release.

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​Login Security

2/6

​Login Security

Always use unique and complex passwords
Change your passwords regularlyNever reveal, save, or write down your user ID, password, or PIN.Remember that your user ID/passwords/Card No/PIN/Passwords/CVV/OTP will never be requested by the bank.To avoid storing user IDs and passwords, disable the ‘Auto Save’ or ‘Remember’ function on your device.

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​UPI Security

3/6

​UPI Security

Try to keep your mobile PIN and UPI PIN separate and random.
Do not react to any unknown UPI queries.If any suspicious request should always be reported.Always keep in mind that a PIN is only required for moving funds, not receiving them.If a transaction occurs without your knowledge, immediately disable UPI service on your account.

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​Debit/Credit Card Security

4/6

​Debit/Credit Card Security

When using ATM machines or POS devices to conduct ATM transactions, be aware of your surrounding.
Cover the keyboard with your hand while typing the PIN.Always double-check the legitimacy of e-commerce websites before making any purchases.Online Banking allows you to keep track of your debit card transactions.Set a limit for domestic and foreign card transactions at e-commerce platforms, POS terminals, and ATMs.

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​Mobile Banking Security

5/6

​Mobile Banking Security

On your phones, laptops, and tablets, you should enable strong passwords and biometric authorisation.Your Mobile PIN should not be shared with anybody.Whenever possible, try to use biometric authentication.Do not install any unfamiliar app recommended by strangers.Only official app stores should be used to download applications.

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​Internet Security

6/6

​Internet Security

Always check for “https” in the bank’s website’s address bar.
Avoid conducting online banking transactions in public venues that have open Wi-Fi networks.When you’re finished with your task, always log out and close the browser.

Getty Images

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