Business owners and small business owners are advised to keep personal and financial information secure on their personal computers, according to a new report.
The report from US banking industry trade association Business Insider said that people should use an email address to securely log into their bank accounts.
“There are a lot of risks associated with using email for account management and banking,” said the report, which was written by two researchers.
“A bank login is like having your own personal email address for all your banking transactions, whether you’re a small business or a major corporate.”
The researchers, who spoke on the condition of anonymity, said that it was not just a matter of storing personal and confidential data.
Businesses also needed to ensure that their staffs could log in to their accounts.
The experts said that they had found that some banks had policies requiring staffs to login to their account every time they had an email.
The researchers suggested that they should consider setting up a system where people could log into a bank account whenever they want.
“If you have a team, that’s a good practice, to get everyone up and running,” said Sarah Moulds, an associate professor of computer science at the University of Pennsylvania.
“You could be using it every single time you log in, but it might be better to let your staff use it on a daily basis, so that they have an easy way to see what’s happening when they’re in there.”
The report said that although many banks use email, it was important that they were careful with their security.
“Most banks use encryption,” said Mould, who was not involved in the research.
“But the people doing the encryption for these banks should be extremely careful because they’re the ones who will be doing the processing.”
The Business Insider report said it was likely that banks will have to implement changes in their security policies over time, but said that some measures could include requiring that staffs register their email address, and adding password protection to accounts.