Business Overdrafts
Be financially flexible with a business overdraft.
Password security
To protect your business online, have a different, strong password for each account it uses.
One way to create a strong password is to select three random words. This makes it hard for a fraudster to guess, but easy enough for you to remember.
Add numbers or special characters to make it even stronger. The longer the password, the stronger it is.
You can learn more about passwords in the rest of this guide.
Tips on password security
-
Your email account can hold lots of sensitive details about your business. If a fraudster breaks into this account they could use it to:
- Access business, personal and banking details.
- Send messages that pretend to be from you to trick others.
- Enter your other online accounts.
- Reset your passwords to take control of your accounts.
Make sure you have a strong password for your email account. If necessary, create a new one then do the same for any other accounts your business may have, such as:
- bank account, or
- social media accounts.
-
Create more than one - Select a new, strong password for every account your business holds, and for every site it may use. Do the same for any security questions that you need to create.
Make it hard to guess - Fraudsters can try to find out things to help them guess a password. So, avoid personal and business details and names.
Make it strong and long - Choose three random words. And add special characters, capital letters and numbers to make it even stronger. The longer it is, the harder it is to guess.
Use 2 Factor Authentication (2FA) - If you can, use 2FA. This will give you an extra layer of security.
-
If you have a lot of passwords to remember, you may need some help. But never share a password or any other details with someone who’s not allowed access.
It’s safe to store your passwords in a web browser or with a password manager.
When you create a new password, many browsers will give you a choice to save it. If you save a password on a browser, make sure the device you use is secure.
To keep a device secure, get the latest version of the browser and operating system and keep them up-to-date.
How to use a password manager
Your work phone, computer or other device may have a password manager app to help save your passwords. Many can also enter your passwords automatically to make it easier to log in to websites and other apps.
Before you decide to use one, check out all the features and make sure it’s secure. And always keep it up-to-date.
Make sure you create a very strong password to unlock your password manager.
-
We use two-factor authentication (2FA) to make sure it’s really you using your online account. So, even if a fraudster guesses your password, this extra security makes it harder for them to get into your account,
For 2FA to work, we need to send a code to you by text or landline. To be able to do this, please make sure we have your latest business phone number. Where 2FA uses a card reader, never divulge or input these codes if a caller asks you to or in response to any message you receive.
If other online providers and apps use 2FA, turn it on as it will help to keep you safe.
Contact us right away if you think someone else knows your banking details.
-