High Risk Bank Users (You are one of them !)

High-Risk Bank Users  are set of people using numerous channels for their transactions and the channels are; USSD, Bank Mobile Apps, Google & Apple Store Play, Internet banking, POS, ATM, third-party online bank apps, etc... 

This set of people have more than three (3) accounts from different banks. Some of them have more than one accounts in a particular bank. And one of their accounts is domiciliary or dollar or foreign  account. 

Another idea about this set of people is that they have investments and some of them in invest in crypto currencies. Also they like thinking about making more money both online and off-line.

Another idea is that they are always cashless and all their money is in the bank and they can only do transaction through the numerous channels I mentioned. Also they have automatic payment subscription in one services and another. Again, their market mentality is shopping online.

     It is good to have numerous bank accounts & transaction channels. But you need to be more security cautious and apply  strong security measures in your transaction, most importantly online transaction and Google & Apple automatic subscription payment. 

It is important to know that your Bank or Cards information is in a network or cloud.. like your information is in the cloud. Also your Card information is your part of your life-span... like you always want to do everything online... Its becomes part of you and you need to be careful.

BAD NEWS; Network or Cloud can be hack hijack.

Black Hackers are working tirelessly to hack a network or cloud in other to steal a bank customers cards information. Read; https://punchng.com/bank-customers-companies-lose-billions-to-nigerias-weak-cybersecurity/

Some of them are using different methods to steal bank customers money and not your cards information.. Read; https://www.straitstimes.com/tech/tech-news/hackers-pose-as-bank-customers-to-make-500k-in-fake-credit-card-payments-by-stealing

It is important to know that there are many ways to steal your bank and card information. And also the some of the operation that is being carried out are sometime step by step and maybe once... like they will first of all observe the bank network or cloud and then study the traffic before they take action. 

 

GOOD NEWS; There are ways to reduce the risk

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