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Secure Internet Banking with Two Facto Aunthentication device at BRAC Bank Ltd.


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What is 2FA( Two Facto Authentication)?

2FA Device is a Two Factor Authentication device, which generates a random OTP (One Time Password) that acts as a second level of authentication. After registering for BRAC Bank Internet Banking, customer will require the 2FA Device whenever customers login to their Internet Banking accounts for secured and successful transactions. In these particular and other associated documents we are referring 2FA Device as "Hardware Token" or "Software Token". 2FA is an advanced method of security which requires:

·        Information that one knows (Your PIN & User ID)
·        One Time Password (OTP) from the bank (that is the randomly generated by 2FA Device)

Dos:

·        Please use updated version of browser
·        Use POP UP Blockers
·        Use a secured website while submitting any sensitive financial information
·        Log off as soon as you finish online banking
·        Regularly change password and PIN
·        Regularly check your Bank, Credit Card and Debit Card Statement,
·        Report if suspicious transactions are found
·        Call you Financial Institutes if you receive any e-mail that request you to enter any security information
·        Use 2FA(Two Factor Authentication) device
·        Be suspicious of any of these sorts of e-mail and message
·        Take a close look at the hyperlink you are clicking

Don'ts:

·        Do not share your User name and Password with anyone
·        Do not leave logging on your online banking facility
·        Do not enter any security information over the Internet
·        Do not save username and password in the browser
·        Do not use the links sent via e-mails and messages to get to any web site
·        Avoid using cyber cafes and other public places for logging on to banking system. If you must then be careful of surroundings, do not store or save username and password in the browser.

·        Always log out properly.

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