How to protect your bank account - MoneySense

Protect Your Bank Account

By Michael McCullough. Estimated reading time: 5 minutes.

Protect your bank account from scams and fraud with expert tips on passwords, multi-factor authentication, and safe online banking practices.

Banking has become increasingly digital, with people rarely visiting ATMs or banks. Instead, they log in on their laptops or mobile devices.

“People don’t go to an ATM or into a bank a lot anymore, instead they mostly log in on our laptops or mobile devices,”

says Octavia Howell, vice-president and chief information security officer for Equifax Canada. This shift to online banking puts more security responsibility on the customer.

This article is part of a series on protecting important information and people from fraud and scams.

Author's summary: Protect bank accounts from scams with expert tips.

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MoneySense MoneySense — 2025-10-31

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