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How to stay safe, be vigilant with cashless transactions online

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Page 1: How to stay safe, be vigilant with cashless transactions online

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Presented by

Page 2: How to stay safe, be vigilant with cashless transactions online

What is cashless transaction?

Cashless transaction actually means that their will be no flow of cash money among the people. Every transaction will be through electronic media or credit cards, bank transfers, checks etc.

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Page 3: How to stay safe, be vigilant with cashless transactions online

What are the potential risks of cashless online transactions?

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Attackers will release fake online payment apps.

Download online payment apps only from official stores such as Google Play and Apple Store.

verify the publisher

Page 4: How to stay safe, be vigilant with cashless transactions online

What are the potential risks of cashless online transactions?

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Fake websites will be created.

Choose established and well-known websites to make your payments

Page 5: How to stay safe, be vigilant with cashless transactions online

What are the potential risks of cashless online transactions?

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Spam email, SMSs or WhatsApp messages.

Never visit an online banking or shopping website by

clicking a link received in an email or text message.

Page 6: How to stay safe, be vigilant with cashless transactions online

What are the potential risks of cashless online transactions?

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Page 7: How to stay safe, be vigilant with cashless transactions online

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• Ensure there is two-factor authentication for your net banking or debit/card transactions.

• Strong password for accounts on net banking or online payment apps.

One Time Password

least 8 characters long, has uppercase and lowercase letters, numbers, and symbols. E.g., ‘Cool15is@King’

Page 8: How to stay safe, be vigilant with cashless transactions online

Any Query

Page 9: How to stay safe, be vigilant with cashless transactions online

Reference

• Google

• http://blogs.quickheal.com/11-tips-to-do-secure-cashless-transactions/

Page 10: How to stay safe, be vigilant with cashless transactions online

Thank YouHave a nice day

Computer Science & EngineeringJahangirabad Institute of Technology

www.jit.edu.in