Today people all around the world prefer to use a wire transfer as it’s the fastest way to send or receive money. However, in spite of the fact that today’s advanced technologies let bank make their service more reliable and protected, cybercriminals are always ready to break a user’s authentication. Sometimes it takes only a few days for malefactors to take control over somebody’s bank account, send the money somewhere or just get cash.
Bank systems work well but not enough. The same is for PayPal. This online payment system is far from being safe and secure. There were cases of exploiting PayPal for the purpose of sending malicious emails. In general, paying online is a procedure for which it’s difficult to have enough protection. In this regard, it’s highly recommended to use a VPN for using PayPal securely and anonymously.
Being available for all individual users, a VPN is widely used today for self-protection against any uncontrolled interception. This technology creates a hidden tunnel between two servers. All data transferred via a VPN connection is encrypted. It makes a customer invisible on the Internet for hackers. The most advanced VPN providers use 256-bit encryption that is considered to be extremely reliable.
The security of a wire transfer is provided by a VPN not only by means of robust encryption. Cutting-edge providers boast such features as OpenVPN protocol, special servers for getting around firewalls, a Kill Switch function, DNS and IP leak protection.
However, protecting finance data is only one of the reasons to use a VPN on any device. A VPN service for PayPal can also be used for accessing the desired server wherever a user is. In other words, a VPN is able to change a virtual location. This advantage makes a VPN number one tool for residents of the countries with strict censorship on the Internet.
Undoubtedly, a VPN is not a complete safety solution. Along with a trustworthy VPN one should keep certain online security measures to protect his financial data on the Web.
First and foremost, a person must ensure that he uses an up-to-date OS, app or software which can be involved in the financial transactions. It is also vital to use the latest version of a browser while conducting transactions over the Net. The truth is that it is almost impossible to compromise a fully patched device.
It’s not recommended to use public Wi-Fi hotspots for conducting financial data. They don’t encrypt any data, putting personal information at risk. It’s better to protect a smartphone as mobile ransomware, Trojans, spyware and other malware affect Android and iOS and other mobile operating systems every minute.
Finally, a person must make sure that he or she uses an encrypted channel for financial transactions. The address bar should contain HHTPS protocol and the padlock. If a person uses a website that requires a login, it’s immensely important to create a unique and robust password and use two-factor authentication.
About the author – Dainan Gilmore is an enthusiastic expert in cybersecurity and works as a data privacy advisor for Bestvpnrating.com.