online banking

Term Definition
account transfer Making an online transfer of money
fraud When a criminal uses trickery to convince someone to give up valuable information or items of value.
identity theft When a criminal opens a credit card with another person’s name and Social Security number
online banking Using the Internet and a bank’s Web site to keep track of bank accounts
password Secret word used
personal information Important identifying data that lets your online bank know you are who you say you are
phishing A criminal scheme to scare or trick victims into divulging personal information
username Account name used to access online banking.

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