Worried about loss of personal sensitive information such as bank details, credit card information and PINs while performing online transactions? If so, then you are at the right place since this is the topic we will be exploring in great depth in following sections so that you can prevent yourself from falling prey to scammers, hackers and fraudsters.
Tips and Tricks for Safeguarding Digital Transactions
Safeguarding Digital Transactions – Tip #1: Use of Wi-Fi Networks
You must have noticed free availability of Wi-Fi networks at public spaces such as airports, railway stations as well as coffee shops. However, you need to be wary of certain things before actually connecting to any such public Wi-Fi network.
Most important thing will be to remain aware of the service set identifier (SSID) name for the network you are trying to connect to. Many times, hackers and scammers create Wi-Fi networks that have near same SSID names so that people think that there are multiple networks from same provider and they can use any of the available ones.
In case, you login to a network created by the hacker then you will risk losing your confidential data. Moreover, you should try not to login to any Wi-Fi network which has not been secured by a password.
Safeguarding Digital Transactions – Tip #2: Use of OTP
When you are performing online transactions through a debit or credit card, there are normally two options; one of providing a 3D secured PIN or use of OTP that is sent to your mobile number. In case, you are on a public Wi-Fi network then it will be better to use the OTP option since it will provide you greater security in comparison to use of a PIN.
Safeguarding Digital Transactions – Tip #3: Secured Sites
You should only perform online transaction on secured sites. This means that you need to look whether the URL of the site starts with HTTPS instead of HTTP which means that the site transfer your confidential data securely over the network. You will also notice a green lock in front of the url indicating the site is a secured site.
Safeguarding Digital Transactions – Tip #4: Use a VPN
By making use of a VPN you can create an additional security layer between and the scammers. By using a VPN you can have the assurance that your browsing session is secured. Moreover, it is also possible to add a VPN to the Wi-Fi network or the smartphone (through a VPN app) you are using.
But, you need to be aware of the fact that many of the VPN are not free and you will have to pay a certain amount for using their service. However, there are some VPNs (such as the Opera VPN) which you can use for free.