VPNs provide a secure way to access the internet by encrypting data and tunnelling it through various exit points, making it hard to intercept data.
This extra security layer provides safer online banking, particularly on unsecured public WiFi networks that are susceptible to hackers.
When using a VPN for online banking manoeuvres, it’s essential to use a reputable VPN provider with robust encryption, a strict no-log policy and positive reviews.
Choosing a VPN with a kill switch will safeguard your data in case of unexpected VPN connection drops — which can happen due to various reasons.
In some cases, banks might view VPN usage as suspicious behaviour and block future transactions, so it’s advisable to consult your bank’s policy on VPN usage.
Although VPNs provide security enhancements, they aren’t foolproof, and the most diligent hackers might still be able to get through their defences.
Combining VPNs with other security measures like antivirus software and two-factor authentication further strengthens online defences.