Author Topic: Protecting your bank account in the wake of data breaches  (Read 141 times)

Offline Lee2

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Protecting your bank account in the wake of data breaches
« on: November 04, 2017, 09:55:57 PM »
In the US we have security measures for accessing most of the larger banks online, I have an RSA device for my Wells Fargo accounts, Fidelity uses Symantec and a credit union I use calls me on the phone to give me an access code whenever I am in the Philippines and try to log into my account, so my question is, do any of the Philippine banks you do business with have some form of secure login? and do those of you who live in the Philippines full time even bother to worry about login security, I think in this day and age we need to and especially so after the Equifax hack, if you don't now then maybe you should look into it to better secure your accounts.
https://www.wellsfargo.com/biz/online-banking/securid/
https://www.fidelity.com/security/boost-your-login-protection
Quote
http://www.foxnews.com/tech/2017/11/04/protecting-your-bank-account-in-wake-data-breaches.html
:) Happily married since 1994 & live part of the year in Cebu and the rest in S. Florida.

Offline BudM

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Re: Protecting your bank account in the wake of data breaches
« Reply #1 on: November 05, 2017, 12:10:58 AM »
My bank here seems to have a good security setup for online banking.  They have a two step logon just like the ones I deal with back across the pond.  I get a text with an access code or answer a security question after I enter my password.   And you can not cut and paste the password.  If I send money to another account, say Lazada, then I have to get another access code for the transfer. Not when I do payments for authorized billers like utilities though.  They are always updating their security and appear to be right in step with what banks and government agencies back there are or have been incorporating.
Whatever floats your boat.

Offline Lee2

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Re: Protecting your bank account in the wake of data breaches
« Reply #2 on: November 05, 2017, 12:17:36 AM »
We get an email from BPI whenever we sign on but to me that is the lowest amount of security, a text or email pass code would be much better IMO.
:) Happily married since 1994 & live part of the year in Cebu and the rest in S. Florida.

Offline BudM

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Re: Protecting your bank account in the wake of data breaches
« Reply #3 on: November 05, 2017, 12:21:47 AM »
I use a different bank.  Same one since I have been here.  Everything seems to be on the up and up there.
Whatever floats your boat.

 


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