The rise of digital banking fraud has led to an urgent need for individuals to properly secure their online banking accounts. The article emphasizes that the real question is not whether one uses e-banking, but how well it is configured. Given that many fraudulent activities require minimal technical knowledge, ensuring appropriate settings is crucial for safeguarding personal finances.

Key recommendations include activating transaction notifications through push alerts or SMS for various banking activities such as card purchases, money transfers, and ATM withdrawals. This proactive measure serves as an immediate warning system to alert users of any unauthorized transactions. Additionally, setting a daily transaction limit can significantly mitigate potential losses by restricting the amount of money that can be moved if unauthorized access occurs. Furthermore, disabling international purchases for those who do not require them can act as an effective barrier against foreign fraud strategies.

The article advocates for regularly evaluating and adjusting online banking settings as part of a preventative strategy against digital fraud. Closing online transactions when not in use and turning off contactless payments are also crucial steps individuals should take to limit exposure to risks. By implementing these ten key settings, users can enhance their online banking security and protect themselves from the growing threat of banking fraud.