Internet banking allows users to conduct financial transactions online but poses cybersecurity risks. It is important for users to understand common banking frauds like phishing, where hackers try to steal login credentials through fake emails or websites. To avoid fraud, users should set strong passwords, avoid sharing bank details, check accounts regularly for suspicious activity, and only access banking sites through official links. With proper precautions, internet banking can be used securely while understanding the threats.

1. TOPIC: INTERNET BANKING
MADE BY : HARSHADA GIRASE

2. Content :
 INTRODUCTION
 WHAT IS INTERNET BANKING
 ADVANTAGES
 UNDERSTANDING CYBER THREATS
 WHAT’S BANKING FRAUD ?
 BANK FRAUDS –PHISHING
 SECURITY RISK
 TO AVOID ONLINE BANKING FRAUD

3. Introduction
• Internet banking is a convenient
and fast , but it’s important to
ensure that your finances and
personal information are secure.
Learn about the threats and
solutions in the world of internet
banking security.
• Cybersecurity is crucial to protect
personal and financial information.
• This presentation will discuss the
importance of cybersecurity in
internet banking. This Photo by Unknown Author is licensed under CC BY

4. WHAT IS INTERNET BANKING
• Online banking allows you to conduct financial transaction via the
internet.
• Internet banking is also known as Online banking or Web banking.
• In a broad sense, it is the use of electronic means to transfer funds
directly from one account to another, rather than by cheque or cash.

5. Transferring money from one account to
another through Internet Banking
Steps :
1. Login to your Internet Banking account.
2. Navigate to “Transfer” or “Payments”.
3. Select Transfer Type.
4. Enter Recipient’s Details.
5. Verify Recipient Information.
6. Enter Transfer Amount.
7. Review and Confirm.
8. Enter Transaction Authentication code.
9. Transaction Confirmation.
10. Save Receipt or Transaction Details.

6. Advantages
 Cost less
 Transaction speed
 Efficiency
 Speed banking
 Vast coverage

7. Understanding Cyber Threats
• Cyber threats include hacking,
malware, phishing and identify
theft
• Hackers target internet banking
platforms to gain unauthorized
access.
• Malware can be used to steal
login credentials and personal
information.

8. What’s a Banking Fraud ?
Banking is a crime of intentionally attempting to execute a scheme to defraud a financial
instruction or obtain their properties through fake representations.
.
TYPES OF
BANK
FRAUDS
PHISHING
Attempt to ‘fish’ out details
of account holder’s bank
through emails
SKIMMING
Method used to capture
customers’ credit card
information by swiping
through a skimmer
MONEY MULES
A participant in fraud
recruited to launder the
stolen money
SPOOFING
Create fake websites to
perform fraud

10. Security Risk
• Increasing number of fraudulent bank websites.
• For example, A suspicious bank
- website:www.sbionline .com Original bank
- websitewww.onlinesbi.com
• Fake emails purporting to be sent from banks.
• Use of trojan horse programs to capture user ids and password.
 Emails send from Fraudulent bank.
 Verify the personal Information.`
 Guide customer enter the fraud link.
 Disclosing their ATM card numbers and their passwords.
This Photo by Unknown Author is licensed under CC BY-NC

11. To Avoid Online Banking Fraud
• Set up a strong password for your online bank account.
• Avoid paying online on random websites.
• Block your card immediately if money is debited without consent.
• Avoid sharing your bank information like OTP/Card details/ID-Password
with someone you don’t trust.
• Don’t save your bank info on your email account, untrustd pc/mobile
browser app

12. .
• Always check the last log-in to your internet banking account.
• Never download and install applications from untrusted sources.
• Avoid using unsecured unknown Wi-Fi networks.
• Logout after completion of your online banking session.
• Change your internet banking password regularly.

13. Conclusion
• Internet Banking is a convenient but also vulnerable to cyber-attacks.
Knowing the types of threats and security measures can help protect
your finances online. Ensure you’re using strong passwords ,update
your software, and access bank sites only through official channels.
Regularly check your account and when possible , opt for two-factor
authentication to add another layer of protection.

14. Thank You.