AL SHEARD, JR
PRIVATE INVESTIGATION
CINCINNATI, OH
WHEN YOU NEED TO KNOW THE TRUTH
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OUR EXPERTISE IS GAINED FROM DEDICATED SERVICE IN THE CRIMINAL JUSTICE SYSTEM SINCE 1970...
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You may be stunned to read this, but it’s true: Even with all the highly publicized risks surrounding Internet
banking, statistics show it’s safer to bank online than with traditional manual methods. Of course, that
doesn’t make online banking foolproof; far from it. But if you know what to look for, you can maximize your
chances at a safe experience. Here’s the info you need to make informed choices:
CONFIRM - Whether you’re selecting a traditional, “brick-and-mortar” bank that has a website, or a 100%
Internet bank, you should nail down some basic information before signing up. Make sure your deposits
will be federally insured (up to $100,000, the FDIC limit). Check the Better Business Bureau and the FDIC
website for complaints.
CHECK ENCRYPTION - Encryption is the process of scrambling digital data so that only authorized users
can see it. Ask about your prospective bank’s practices, keeping in mind that the higher the number, the
better – 128-bit algorithm encryption is the present gold standard.
SECURITY ICONS - Always make sure your web transactions are taking place in a secured environment.
The easiest way to check is to look for a small padlock or key icon in the lower bar of your Internet browser.
MONITOR REGULARLY - One nice feature of Internet banking is that you can check your transactions
almost in real-time, as opposed to waiting for a monthly statement. Take advantage of this access – log in
regularly and scan your accounts for unauthorized transactions.

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Al Sheard, Jr. – Private Investigation ©2007
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High-Quality, Cost-Effective Investigations…
Online Banking: What You Need to Know to Stay Safe
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Reprinted From: National Security Institute, Inc.
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PRIVATE INVESTIGATOR STATE OF OHIO LICENSE - 2004002134
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SPECIAL INVESTIGATOR - RETAINED BY: FEDERAL INVESTIGATIVE SERVICES
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