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On The Money: Protect your money online

By Chuck Myers, McClatchy-Tribune News Service –

Online banking offers consumers a convenient means of accessing accounts and paying bills online. Yet certain safety considerations and practices should be followed when conducting personal financial business over the Internet.

Several websites offer useful guides to banking safely online. Here are a few:

—Bankrate.com: Explores online banking basics, convenience and security. http://www.bankrate.com/finance/savings/should-you-bank-online-1.aspx

—Consumer Action: Offers detailed look at online banking, including risks and security measures. http://www.consumer-action.org/english/articles/your(UNDERSCORE)digital(UNDERSCORE)dollars-banking(UNDERSCORE)online(UNDERSCORE)safely/

—Financial Planning Association: Spotlights how-to steps to safe online banking. http://www.fpanet.org/ToolsResources/TipoftheWeek/PastTips/Banking/HowtoSafelyBankOnline/

—Federal Deposit Insurance Corp.: Provides important tips for safe banking over the Internet. http://www.fdic.gov/bank/individual/online/safe.html

—Security Today: Features safety considerations for different online banking category groups, including mobile. http://www.security-today.com/articles/2011/08/03/online-banking-safety-tips.aspx

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