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Online banking i n the USA has become increasingly popular, with over 70% of consu mers preferring to manage their accounts digitally. The go od news is that online banks are just as safe as traditional brick-an d-mortar banks, as long as they're insured by t he Federal Deposit Insurance Corp. (FDIC) ¹. *Key Security Features:* - *Multi-Factor Aut hentication (MFA)*: Requires multiple forms of v

erification, such as passwords, security tokens, and biometric data. - *Encryption*: Protects data transmitted between devices and banking servers. - *Fraud Detection*: Monitors accounts for suspicious activity and alerts users. - *Automatic Sign-out*: Logs users out after inactivity to prevent unauthorized access ² ³ ¹. *Best Practices for Online Banking Security:* - Use strong, unique passwords and enable MFA. - Keep devices and software up-to-date with latest security patches. - Avoid using public Wi-Fi for banking transactions. - Monitor account activity regularly and report suspicious transactions ² ⁴ ⁵. *FDIC Insurance:* - Online banks are insured up to $250,000 per depositor, per bank, per account ownership category. - Verify FDIC insurance using the FDIC's BankFind tool ¹. By following these security measures and best practices, you can safely enjoy the convenience of online banking in the USA.