Why do I need Banking Protection?
Online banking services are common in today's connected world. It's true that banks invest heavily into securing your data. However, cyber criminals have various means to gain access to your sensitive banking information if you do not stay vigilant. The way cyber criminals retrieve your information can go unnoticed, and as a victim of cyber crime, you may not even notice until it is too late.
When Banking Protection is activated on your computer, this feature offers a preventative layer to some of the techniques cyber criminals use to infiltrate your personal banking data. Some of the most common techniques they use are highlighted here.
Cyber criminals may use spoofed websites that appear to be similar to a real banking website. The point is to trick you into believing that their "bogus" site is a legitimate banking website. This lures you into logging in with your username and password, giving the cyber criminals access to your personal banking data.
A keylogger covertly monitors and logs your keystrokes and sends this information to the perpetrator. If this happens, it is probable that your computer has already been compromised by a keylogger, which is considered as riskware. We recommend scanning your computer regularly to avoid this.
Spam and phishing emails
Phishing emails are fraudulent emails that appear to be sent from legitimate enterprises. The email content usually directs you to spoofed websites, or the emails get you to unknowingly disclose private information that the perpetrator can then use to access your personal banking data.
For more information about the Banking protection feature, please see What is Banking Protection?