Online banking lets you make financial transactions on the secure website of your bank or credit union using a PC or Mac and a Web browser, or your mobile phone. You can check your balances, move money between accounts and pay bills. Some banks will let you deposit checks from your PC or even your mobile phone.
online banking security
The vast majority of online banking transactions are safe, but you should be aware of the risks and learn how to protect yourself from hackers and identity thieves. Most banks employ usernames, passwords and shared secrets to secure online account access. While this is very convenient, the risk is that if someone can steal your password they can potentially access your account and pretend to be you. Hackers attempt to install crimeware, or malware, on PCs and mobile devices and other techniques to try to steal your online banking credentials.