This Online Banking System brings together a combination of industry-approved security technologies to protect data for the bank and for you, our customer. It features password controlled system entry, Digital ID for the bank's server, Secure Socket Layer (SSL) protocol for data encryption, and a router loaded with a firewall to regulate and filter internet traffic.
Secure Access and Verifying User Authenticity
To begin a session with the bank's server, the user must key in a Log-in ID and a password. Our Online Banking System uses a "3 strikes and you're out" lockout mechanism to deter unauthorized users from repeated login attempts. After three unsuccessful login attempts, the system locks the user out, requiring either a designated wait period or a phone call to the bank to verify the password before reentry into the system. Upon successful login, the Digital ID authenticates the user's identity and establishes a secure session with that visitor.
Secure Data Transfer
Once the server session is established, the user and the server are in a secured environment. Data traveling between the user and the server is encrypted with Secure Sockets Layer (SSL) protocol. With SSL, data that travels between the bank and customer is encrypted and can only be decrypted with the public and private key pair. In short, the bank's server issues a public key to the customer's browser and creates a temporary private key. These two keys are the only combination possible for that session. When the session is complete, the keys expire and the next time you log in, the process begins again.
Individuals connecting to Online Banking with a browser that supports SSL will have an secure session. Current browsers, including FireFox(r) and Internet Explorer(r) support SSL. Internet Explorer(r) users need to check for a padlock icon in the lower right corner of the browser's screen. If the padlock is closed, the session is secure. If the padlock is open, the session is not secure.
Using the above technologies, Online Banking transactions are secure.