Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Top security tips to protect yourself against fraud this Christmas

Black Friday marked the start of the festive season, not just for us, but for criminals too. We will all be frantically seeking out some pre-Christmas bargains both on the high street and online.  It’s easy to get carried away with the festive cheer but remember the old adage ‘If something looks too good to be true then generally it is.’

If you’re concerned about fraud, Head of Information Security at Atom bank, Jon Holden, has provided some useful tips to keep you protected and to ensure you don’t put yourself in danger.

  1. Be wise and choose where you shop carefully

“When buying online, look for the padlock or lock icon located in the web browser. Check out the feedback section for buyer reviews and ask if the seller has a returns policy. Do they have a physical address or are they only contactable via phone or email – this may be a red flag!

“Use a credit card when making a big money purchase, as the majority of card companies have online insurance from their customers. Be mindful that some products may be counterfeit – top end designer goods are rarely discounted so you may be buying counterfeit goods.”

  1. Don’t click on links in unsolicited emails or share too much information 

“Fraudsters send out phishing emails which may appear to be from a legitimate online company from which you have previously made a purchase, requesting that you are required to update your payment card details. Check the URL in your web browser. Fraudsters change an address ever so slightly in the hope that you won’t notice that it isn’t the genuine website e.g. www.pay.pa1.com. If you are in any doubt contact the company direct i.e. not via the link. Don’t share too much information and only complete what is required. If you feel uncomfortable with the information you’re being asked for then don’t share it.”

  1. Update your apps, browsers,  PCs, phones, iPads, tablets…

“Regularly check and install the latest software and app updates on your devices. They contain important security updates that can protect you against malware and fraud.”

  1. Use strong passwords and switch on multi-factor authentication

“It might seem obvious, but many people still use simple and straightforward passwords that are easily guessed by fraudsters. Hackers usually work through lists of common passwords searching for the right combination, and once they’ve guessed your log in details for one account, they could use your credentials to access multiple websites.”

“Use unique passwords for each service you use. Make sure they don’t include names or key dates like your birthday as this could put you at risk. Make it hard to guess by using upper and lower-case letters, special characters and numbers, but not so hard that you won’t remember and have to write it down. Also switch on multi-factor authentication, this will keep you extra protected as it will ask for two or more pieces of evidence to gain access to your account.”

  1. If you’re shopping online on a public/shared computer – don’t click on ‘remember me’ 

“When using a public/shared computer, make sure you log out before leaving the machine and don’t click on ‘remember me’ as that could allow the next user to log in to your account.”

“Selecting the ‘remember my card details’ option is very convenient for future purchases, but means you’re putting a lot of trust in the company behind the website. If they don’t store your details, they can’t lose your details to hackers!”