6 Things you need to know to protect your bank account from cyber criminals


Full details on 6 Things you need to know to protect your bank account from can be accessed here on Ejes Gist News.

EJESGIST.NG has curated 6 important things You Should Do To Defend Your bank Account. 

The Central Bank of Nigeria launched the “Cashless Economic Policies ” plan into the Nigerian banking business just a few years in the past.


The intention was to transfer the majority of banking activities to phone and internet platforms.

Subsequently, the USSD code and banking apps have been used in the past.

Also see UBA Bank transfer codes: all you need to know about UBA transfer PIN/USSD *919#


Clients can simply dial a code on their mobile phones to recharge their airtime, make monetary transfers, check balances, and check BVNs (bank verification numbers) through the bank’s smartphone app or USSD service.

Issues You Should Do To Defend Your Bank Account


Surely, the cashless policies and the companies that got here together with their implementation have made it a lot less complicated and simpler for Nigerians to enter online banking.

Like all new expertise, there have been substantial challenges with this, although
These challenges are additionally known as dangers, although nearly all of the issues introduced by inappropriate use of online banking platforms are usually not regarded as inherent within the system or its implementation.

As a way to save you from losing your bank account to cyber criminals, Ejes Gist News has curated an article to tell you some of the things you need to know and be conscious of.


6 Things you must do to protect your bank account from cyber criminals

Six steps you could take to safeguard your checking account from online criminals


1. Keep away from PINs with easy-to-guess numbers.

By no means use the year the card was issued, your beginning year, your cellphone number’s final 4 digits, or the numbers 1234, 4321, 1111, or 4567 as your pin.

These are all weak and comprehensible. Whereas, indeed, we must always use a PIN that’s straightforward to recollect, using a weak PIN is the wish to lock a door with a padlock that’s accessible by quite a lot of totally different keys.


2. Don’t share your PIN with anybody.

Many people discover it handy and impatient to lend their ATM playing cards to others with the purpose of making withdrawals when there’s a queue at the ATM, disclosing all of their debit card data together with their PIN.

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That is extraordinarily dangerous from a cyber-security standpoint. Assaults on your account become attainable.


3. Keep away from giving your cell phone to strangers.

Giving a stranger access to your cellphone to allow them to make a call would possibly look like a pleasant thing to do, but when you don’t watch them use it, that one act of generosity could possibly turn disastrous.

It’s because online scammers ceaselessly seek advanced disguises to get very important data that is perhaps quickly used to compromise your account.


4. Report a misplaced ATM card to your Bank immediately.

You have to contact the bank and ask them to disable your ATM card as soon as you notice it is missing.

This can restrict the potential for cybercriminals to steal your PIN.

5. By no means present an OTP to somebody over the cellphone.

The vast majority of banks require a one-time password (OTP) generated by a “hardware” token, SMS, or another method to approve the majority of online transactions.


Even when the caller claims to be out of your bank, you shouldn’t ever give them a code of that nature.

6. Protect your SIM card with a pin.

As a result of *904#, the code used to purchase MTN OnDemand Airtime recharge, the SIM card (whether it is MTN) linked to your account number needs to be protected with a PIN.

This can help you keep your account safe on the occasion that your cellphone is stolen or misplaced.



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