The 5 biggest mistakes you can make banking online

Forgetting to take out the trash. Running late for a date. Leaving dinner in the oven for too long. Most of our goofs have fairly minor consequences. But when it comes to online banking, a simple mistake can have big consequences.

Some $15 billion was stolen from consumers last year, and with new chip technology that’s starting to foil counterfeit card fraud, criminals are out to find other ways to plunder your bank account. What can you do to prevent that? Protecting your financial information and exercising common sense are good places to start.

Knowing what not to do can be just as helpful. Steer clear of the following slip-ups, and your money should stay where it belongs — with you.

continue reading »