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Monday, November 12, 2018

Be cautious about online security guarantees

Banks put a lot of responsibility on account holders to prevent fraud. One bank says its online banking agreements place a responsibility on users to use up-to-date anti-virus and anti-spyware software and a firewall, while another says clients must install and maintain an up-to-date firewall and virus protection on a PC or a wireless device. Read your online banking security agreement (they're online), and meet your obligations to the letter if you want your bank to have your back in case of fraud. Most importantly, be smart about passwords.