How to know if your online money transfer is safe and secure or not

Now a days, The trend of online money transfer increasing day by day to pay any bill amount, to purchase products and many more. Most of peoples using online money transfer service to save time as well as to save paperwork. This is very big advantage to human but do you have verified your online money transaction's security? Do you know what you need to check or what actions you need to take before doing online money transfer? Here i have described some points to know that your money transfer is safe or not.

Why you need to check your online money transfer is safe

When you make any money transfer, you need to fill your credit card or your debit card or your online net banking related information and that information will be transferred over the net from your computer to server. During this transfer, if it is readable then any one fraud will read it by using different tricks to reuse it.

What tricks frauds use to know your secure information

There are 2 most popular trick that frauds are using to know your secure information from online transactions as described bellow.

Key logger :

Key logger is software program or it can be a hardware device with ability to transfer your secure information to the third party over the net.

Network sniffer tools :

Using Network sniffer tools, frauds can read your secure information if it is not properly secured.

What you need to check before doing online transaction

1. Website is SSL Protected or not

First of all you need to check that website where you going to make online money transfer is SSL protected or not. You can know it by starting URL phrase. If it is starting like "http://" then it is not secure and do not try to make any transfer. If it is starting like "https://" then it will be safe/secure and SSL protected. Another way to check it is Closed Lock or unbroken key icon at bottom of your browser. If anyone from these two icons is there, then it will be SSL protected. If there is icon of open lock or broken key then that site will be not protected by SSL and your transaction will be not secure.

2. Not installed any key logger

Key logger can be a hardware or a software. You need to check it is not installed on your system. Avoid to do online money transfer at cyber cafe computer. There might be installed such software or devices.

3. Antivirus protection

Keep your system up to date and antivirus protected. Install licensed versions of antivirus to keep your system protected from viruses.