by Idowu Daniel
According to the BBC NEWS, internet fraud has boomed this year among bank customers. The UK has seen an 8,000% increase in fake internet banking scams in the past two years, the government's financial watchdog has warned. These five tips to be revealed in this report will protect you considerably from internet fraud; 1)Bank- Customer Relationship- The bank must educate and inform their customer about scam e-mail messages and websites. They must also give their customers recent newsletter on scam websites.
2)Security Toolbar- Some toolbars helps in detecting fake financial institution websites when installed. Also Firefox and Internet Explorer 7 help a lot. Netcraft toolbar protect your money from phishing attacks, displays the history location and risk rating of every site you visit.
3)Updating- Web Browser- Web browsers come with security features that detects fake websites. The web browser update their data base with reported fake websites.
4)Knowledge- Learn as much as possible about the seller of any product you want to pay for, especially if the only information you have is an e-mail address. 5)Trust- Do not trust a site because it claims to be secure. Try to search for its credibility. And be careful about foreign payment.
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