Saturday, May 12, 2007

ANALYSIS BY ONLINE-TRANSACTION-TIPS.BLOGSPOT.COM FOR CHOOSING PASSWORD AND ENSURING ITS PROTECTION

1.Always choose unique passwords that include letters and numbers.

2. Use longer passwords that have eight or more characters and mix letters, numbers and special characters as they are much more difficult to figure out than shorter, more straightforward passwords.

3.You should also avoid choosing passwords that are obvious, such as names of family members or pets, nicknames, birthdays, and telephone numbers that might be easy for others to figure out.

4.Bank is NOT liable for any loss arising from your sharing of your User Ids, passwords, cards, card numbers or PINs with anyone, NOR from their consequent unauthorized use.

5.Destroy the PIN mailer after memorizing it and/or change the PIN after the first usage.

6.Change your Internet Banking Password (both Login and Transaction) after your first login and thereafter regularly (at least once in a month).

7.Create and maintain different passwords for Login and for Transactions. This provides additional security for financial transactions through Internet Banking.

8.Avoid using the same password for multiple applications or Internet services. You should use a unique password for each Web site and purpose. In case you have more than one Internet Banking User ID, use a different password for each of your Internet Banking User IDs.

9.You may also view all your accounts with Bank under a single User ID by linking your various accounts to your preferred Internet Banking User Id.

10.Your password should be complex and difficult for others to guess. Use letters, numbers and special characters [such as !,@, #,$, %, ^, &,* (, )] in your passwords. These increase the security of the passwords.

11.Don't use passwords that are obvious, like your name/ nickname, names of family members, your address, phone number, or any other information that a thief might find in your purse or wallet.

12.Do not use a password that contains part of your User ID or account number.

13.Try to avoid passwords that are real words. Use cryptic words as passwords.

14.Do not use the same password as the one which you use to login to your PC or access your email account.

15.If your login IDs or passwords automatically appear in the sign-in page of a secure Web site, you should disable the auto complete function to increase the security of your information.

16.If you are accessing any secured website from cyber cafe, any shared computer or from a computer other than that of your own, change your passwords after such use from your own PC at workplace or at house. It is very important to do so especially when you have entered your transaction password from such shared computer or cyber cafe computer. Change these Passwords from your own PC at your workplace or residence.

17.Never share your passwords with others, including family members.

18.Do not disclose your Internet Banking password to anybody, not even to a Bank employee.

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