How to Protect Your Bank Account from Hackers: 7 Practical Tips to Stay Safe Online

Ever worried about your savings being wiped out by a cybercriminal? You’re not overreacting. In the age of non-stop data breaches and phishing scams, knowing how to protect your bank account from hackers is a must. Every login, transaction or tap on a banking app carries some level of risk. Hackers use sophisticated tools to intercept your info and exploit the smallest security gaps. That’s why it’s crucial to safeguard your account information and financial information from cybercriminals who target sensitive data.
Keep reading as we’ll describe the common threats to your banking security and show you the practical methods and steps to keep your money safe, focusing on the importance of online security in protecting bank accounts.

VeePN Research Lab

Jul 11, 2025

6 min read

Get the week’s best marketing content

Protect your bank accounts with VeePN

For maximum protection, make sure to use VeePN when doing online banking. A virtual private network encrypts everything you do and hides your IP address, so it becomes almost impossible for hackers to get your important data when you are on public or shared WiFi.

Let’s go through how you can use VeePN when banking online:

Get VeePN for your Windows, macOS, iOS, Android or Chrome, Firefox or Safari browser.
Create an account or use the one you have already made.
Pick a server that is not too far from your local area to have the highest connection speed possible.
Turn on the VeePN and access your bank account via a secure protocol on the bank’s website.

To keep your data always secure, keep VPN on while you continue to use the Internet.

VeePN ensures your information is safe by using AES-256 encryption and not logging any of your online activities. It gives an additional level of safety that is above the protection provided by your antivirus software and two-factor authentication (2FA).

Why bank accounts are hackers’ favorite targets

Hackers target bank accounts for one reason: direct access to money. Hackers often target sensitive data such as account numbers and personal identification numbers (PINs), which can be used for fraudulent transactions. Financial info is super valuable on the dark web and a single breach can yield big rewards. Unlike social media or entertainment platforms, bank accounts have sensitive info that can be used immediately for fraudulent transactions or identity theft.

How hackers get access to your bank account

The following are the tactics hackers use to take your money:

👺Phishing scams: Fraudsters may impersonate a bank, government agency or popular service is contacting you, then they ask for your login details or similar sensitive information. They may look legitimate and safe, but they demand you to take an action without thinking about the consequences, which is something a legit institution would never do.

👺Malware and spyware: Hackers often get onto your device if you download files from the Internet or visit infected websites. When they are active, they can record your keystrokes, get hold of your login information and monitor your device screen. Make sure to password-protect sensitive files and documents on your device so that unauthorized people cannot get in if something goes wrong.

👺Public WiFi: It is not safe to use WiFi in places like cafes, airports or hotels, very attractive spots for hackers. Without encryption, your banking credentials and any other data you send or receive can be taken by someone who intercepts it. Do not use the Internet hotspot provided by a third party when accessing your bank account, since it could make your data vulnerable to criminals.

👺Outdated and weak passwords: Using the same password for many accounts or picking weak ones increases the risk since hackers can get in easily. Using the same password for different accounts makes it possible for hackers to get into your other accounts if they access one of them.

👺SIM swapping: Cybercriminals may trick mobile providers into changing your phone number over to a new SIM card. When they get your phone number, they can grab the codes for two-factor authentication and enter your accounts.

👺Data breaches: Even the most secure enterprises face security breaches. Your banking credentials kept by financial apps can end up on the Internet and be acquired by anyone.

When you find that your account has been breached, for example, with unauthorized use or strange transactions, promptly secure it. Change your passwords, talk to your bank and keep an eye on all your online banking details to avoid losing more money. What else can you do? Let’s find out!

Online banking security tips

To avoid your bank account hacking, follow these simple steps:

👍Strong passwords: Make a complex password by adding uppercases, lowercases, numbers, and symbols together. Do not repeat the same password on different websites for better security of your accounts. You can create powerful and distinct passwords by relying on such password managers as Keeper or 1Password.

👍Two-factor authentication (2FA) Make sure you use 2FA, which means you need a second confirmation of your identity in addition to your password.

👍Use a security question: Pick a security question to use with your bank account, so you can verify your identity and add more security, particularly while resetting your password or using a device that isn’t yours.

👍Keep an eye on your transactions: Check your account often with your mobile app, so you receive notifications about every transaction. Look for unexpected and strangely looking transactions in your account and get notified about any suspicious activities.

👍Be cautious of suspicious emails: Don’t open emails or download files from people whose names you are not familiar with.

👍Update your software: Make sure your software is up to date because this solves security problems in your operating system, browsers and bank applications.

We also want to emphasize the importance of using a virtual private network (VPN) to avoid your bank account from getting hacked. Let’s discuss why VPN is important for shielding your bank accounts from hackers.

Why VPN is important for online or mobile banking

VPNs create an encrypted “tunnel” for your data, hiding your IP address and preventing unauthorized access to your online activities. This is especially important when using public or unsecured WiFi networks, which are often exploited by hackers to capture sensitive information of unsuspecting users. But how do you pick the right VPN for shielding your assets?

What to look for in a secure VPN service

Consider the following features and benefits to choose the most reliable VPN for securing your bank account:

🛡️Military-grade encryption: Look for AES-256 encryption to protect sensitive data.

🛡️No Logs policy: Ensure your VPN doesn’t store or sell your activity data.

🛡️Speed: No compromises on connection speeds, a large number of servers, and VPN protocols optimized for reliable encryption while retaining a stable connection.

🛡️Kill Switch and DNS leak protection: With these, your data is safe even if the VPN connection drops.

VeePN meets all these criteria and can be a reliable protection of your banking data for up to 10 devices with one subscription.

Get VeePN now and enjoy a 30-day money-back guarantee!

FAQ

Most of the time, hackers use phishing to trick you into handing over your logins by sending you fake emails or websites. Another possible way is malware that steals your data or brute-force cracking of your passwords when they are not strong enough.

If you want to prevent someone from using your account, call your bank to freeze the account and tell them about the unauthorized use. Modify the password for your online bank account, turn on 2FA and check for any changes in your profile. It’s also smart to look for malware on your gadgets and think about getting a Breach Alert tool to be notified as soon as your sensitive information leaks.

The safest way to keep your money in a bank is to use strong, unique passwords and 2FA on your online banking account. Also, monitor your account regularly, don’t bank on public WiFi and never share your login credentials. Choosing a bank that has fraud detection and alerts is an extra layer of protection. However, all these methods aren’t entirely reliable without using a robust VPN app such as VeePN. By using VeePN you’ll ensure a military-grade security of your Internet traffic and protect your devices from malware, hacker attacks, and pop-up ads.

Written by VeePN Research Lab VeePN Research Lab is dedicated to provide you latest posts about internet security and privacy.