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Strong Password Practices to Protect Your Bank Accounts from Fraud

November 22, 2024

To protect yourself from fraud and cyber threats, it’s essential to follow best practices when creating and managing your passwords. Here’s a quick guide:

  1. Set Strong Passwords: Ensure your passwords are at least eight characters long, incorporating a mix of uppercase and lowercase letters, numbers, and special characters. The stronger your password, the harder it is for hackers to crack. At ENB, we require accounts passwords with at least one numeric, one alpha and one special character and eight characters or more in total.
  2. Keep Personal Information Private: Hackers often use social media profiles to gather information for password resets. Be cautious about sharing personal details like birthdays, addresses, and mother’s maiden name in your passwords. Lock down your privacy settings and be wary of connecting with strangers online.
  3. Watch Out for Phishing Scams: Phishing scams trick users into revealing personal information through fake emails and websites. Never click on links, open attachments, or interact with pop-ups from untrusted sources as they may seek access to your password information.
  4. Security Questions: When resetting your password, you may be asked to answer security verification questions. Make sure your answers are secure and not easily found through social media.

By following these guidelines, you can significantly reduce the risk of bank fraud and keep your personal and financial information safe.

For a detailed guide on resetting your ENB Online Banking password, visit ENB’s Password Reset Guide.