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IT security tips

IT security tips

By Simon Massouras

Technology 

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Practitioners can be more secure by following this checklist for online banking transactions.

  • Do not use public wi-fi to do online banking, it has no security.
  • Use Mozilla Firefox instead of Microsoft Internet Explorer or Edge, Firefox is more secure. For Mac users Safari is the default browser. Try downloading Firefox for Mac. It is free and more secure than Safari.
  • Online banking website links: always check with your bank the correct urls are accessed before proceeding with transactions. Also note that banks do email their clients information about their banking or access via email. Most banks have messaging to their customers via their online banking access.
  • Ensure you have the latest updates on your Windows pc or Mac. Go to the vendor’s website to check.
  • Check that your anti-virus software is up to date – this can be done via the vendor’s client software.
  • Check that your bank can set up two-step authorisation security when making transactions online.
  • It is best to be connected in your home or business via network cable or wi-fi.
  • Use a dedicated computer for this function instead of using the computer you use every day and make sure it is locked down with a secure password. This will reduce the risk of being hacked via email.
  • Check that your modem has a strong password that does not include a dictionary word.
  • Check your home or business wi-fi password is strong and does not include a dictionary word.
  • Take screen shots of your transactions or print them out and keep a record on file.
  • Check that the bank provides a service for transaction history that can be viewed and printed.
  • The computer you are using (laptop or desktop) must have a logon username that has a strong password.
  • Communicate with your clients via the following methods: SMS, email, fax.
  • Keep a manual or electronic log book of all online transactions.
  • If you are doing many transactions a dedicated computer in your office or home that is setup to perform these functions only is recommended. It is much safer than using your laptop or portable device.

Simon Massouras is an LIV systems administrator.


Disclaimer: Views expressed by commentators are not necessarily endorsed by the Law Institute of Victoria Ltd (LIV). No responsibility is accepted by the LIV for the accuracy of information contained in the comments and the LIV expressly disclaims any liability for, with respect to or arising from any such views.

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