Pat Anderson":1fyngb63 said:
It is not safe to access your bank account using a WiFi in a place like McDonalds. Anybody with minimal technology sitting outside can intercept that communication between your computer and the WiFi access point.
SeaSpray":1fyngb63 said:
Is it considered safe to access your bank accounts using WIFI?
Thanks,
Steve
Hello Pat, Steve, Marty, and Others,
I would respectfully disagree with your answer Pat. I mean no disrespect and don't mean to be impertinent. I was going to PM you to avoid a public disagreement but thought it better we come to a reasoned decision publicly so everyone else on the board might benefit.
Steve - perhaps a better, or alternative question would be...IS it safe to access your bank account online? (i.e.,
is online banking safe?) My answer is "yes"
if you are accessing your accounts through a secure devise which is utilizing a secure connection to the website in question. Whether you are using WiFi is not relevant. Many of us use WiFi in our own homes. McDonalds WiFi is NO DIFFERENT than what you/we use in our offices or other places of business. So, my position would be that internet access is all more similar than different. That is to say...If eaves-dropping where possible or likely, it would occur IRRESPECTIVE of whether you are "online" using a WiFi network or using a corded connection to DSL, dialup, fast access cable, etc.
WiFi access points such as you find at McDonalds and numerous other places (like motels for instance) are no more risky when it comes to doing your online banking than if you were doing the same thing at home. That assumes (and I know where "assuming" can land a person) you are accessing the internet with a secure devise utilizing a secure connection to the bank, online merchant, etc.
When I say secure devise, I mean one that is not "remotely" accessible...or one that is password protected. Even my iPod Touch has a built in firewall that prevents someone from 'hacking' into the devise. That is what I mean by "secure devise." To my knowledge, most modern devises incorporate these protections routinely.
Secure websites are another matter. You can easily see if you have a secure connection to a website by looking at the web address in your browser's window. If you see "http://www.c-brats.com" you ARE NOT on a secure connection to that website. One little letter will denote the difference between secure and non-secure websites. In the above example, if it were secure, it would say "http
s://www.c-brats.com" See that little "s" after the http? That means "secure." Notice when you log onto your bank's website or an online merchant's website, you should see that 's' If you don't, you may not be on a secure connection and the information transmitted COULD be intercepted. Some browsers will show other indications that you are on a secure website. For instance, Firefox (for Mac) will show a little 'padlock' kind of symbol at the lower right corner of the browser window when I'm logged onto a secure website.
Internet safety/security is very important. Even if YOU don't use online banking or shop online, your personal information is probably being transmitted via the internet by your bank or other companies with whom you conduct business. I'm NOT an expert on IT matters, so I could certainly be wrong in my current understanding of the 'system'...
Thanks,
/david