The most effective way to protect yourselves while making digital payments is by avoiding suspicious apps and websites and always relying on trusted official apps suggested in the app store. —123rf.com
While these are highly convenient and largely secure ways, it's best to exercise caution when you make online payments given the increased cases of cybersecurity breaches.Although this seems basic, it is crucial to ensure that your debit/credit card details are not saved when you make purchases online. Many of us tend to save the details to avoid entering all the details from scratch in the future and enable quicker payments.
Praveen Dhabhai, COO, Payworld said,"An individual should always use debit/credit cards on trusted websites and apps, never share OTP with anyone to safeguard the transaction. Furthermore, one must always use a virtual keyboard and logout from websites on completion of transactions."When making online transactions it would bode well to avoid using public devices or WiFi networks since they are more prone to cyber-attacks, theft, and other fraudulent activities.
Source: Financial Digest (financialdigest.net)