How VPN helps secure online banking

Charles Garcia

Jun 7, 2023 | 5 min read

Privacy

Overview

Navigating online banking's security, HTTPS offers protection, but vulnerabilities persist. To fortify, I recommend MetroVPN for encrypted connections, especially on public WiFi, while traveling, or using unfamiliar devices. With global servers, a strict no-logs policy, and a 30-day money-back guarantee, MetroVPN ensures a secure and private online banking experience.

Is online banking safe?

How does VPN protect online banking?

Why choose MetroVPN?

Is online banking safe?

The vast majority of bank websites use the secure hypertext transfer protocol (HTTPS). This is a more secure version of the hypertext transfer protocol used for sending data between browsers and websites. Compared to HTTP, HTTPS uses TLS encryption to prevent interference or viewing of your connection or the content you type or click on the website by your internet provider or anyone else on your network (although they can still see which website you access). You can verify if your connection is protected by HTTPS by checking if there is a padlock icon in the browser's URL bar. This means that as long as you are sure that you have connected to the bank's website or application, you can be relatively certain that you can conduct banking safely.

Although online banking takes many measures to ensure security, these measures are difficult to guarantee perfectly and cannot prevent all network attacks. Therefore, we need to take extra steps to increase the security of online banking. One effective way is to use a VPN.

How does VPN protect online banking?

① When using public WiFi

Public WiFi is very insecure because they often have no password or encryption. This provides an opportunity for hackers who can intercept your traffic with techniques such as man-in-the-middle attacks, DNS poisoning, or malware, and steal your bank account, password, or other sensitive information. Using a VPN can prevent these attacks because the VPN encrypts and validates your traffic, ensuring that you are connected to the correct and secure website.

② When traveling abroad

Some banks restrict or block login requests from remote or foreign places to prevent fraud or theft. This may cause inconvenience, especially when you urgently need to access your account or make transfers. Using a VPN can help you solve this problem because the VPN allows you to choose a server location similar or close to where you are, deceiving the bank into thinking that you are still logging in locally.

③ When using unfamiliar devices

Sometimes, you may need to borrow someone's computer or phone to perform online banking operations. This can be risky because you don't know if these devices are secure or have malware installed. Using a VPN can reduce this risk because the VPN provides an additional layer of security that prevents any possible malware from monitoring or recording your activity.