Go banking is a financial institution in South Africa that offers online banking services to the general public. They are ultimately concerned with making sure that the money entrusted into their care is not tampered with given the prevalent online scams and indiscreet meddling of people’s bank accounts online. Thus, they are poised to see to it that you are the only person who has access to your accounts and know other person. In order to do this, they also need your cooperation by not disclosing your online banking facts with them to a third party.

To achieve this fundamental aim of keeping their clients account secure, they have, with their team of internet engineers, devised tight security measures to counter any foreign intrusion into their customers’ accounts.

The main measures taken by this reputable financial institution to forestall tampering their accounts include the following: they have a 128 bit encrypted secure sockets layer (SSL) for all connections. In observance to the international standards, this technology encodes information passing between an online user and a web server. Also they operate on a randomly generated customer identification profile number; and the personal identification number popularly known as PIN is chosen by the customer themselves so as to have a personal access to it. In order to ensure proper security, all the servers used for access to client information and transactions are behind firewalls and are checked regularly against any exposure. Again, to avoid the idea of guessing to get a client PIN number, the bank locks the client’s account after the PIN number is incorrectly registered three times.

They also enforce limits on transfers and account payments, but a client is given the option to lower these limits if they wish.

Besides the above stringent measures, Go banking has other additional security tips, which are meant to strengthen the security fortress. With regard to the PIN number, they require that you use a complex word, often an alphanumeric word to be used as a PIN number. This is backed up with another secret password, which the customer will choose for themselves. This personal information of the client is stored in an encrypted form, and hence is known to the client alone. The profile numbers are not issued to the clients in their serial order, but are given from a random selection at the time of issuance. If a password or PIN is incorrectly entered for three times, it will no longer be valid. It will then need the client to go for a new password and PIN to avoid putting the whole process in jeopardy. To get this, they will simply consult the client care centre to arrange for another temporary PIN. In order to ensure that no one else meddles with your account, the Go banking terminates your online session if you leave your computer unattended for eight minutes.

Finally, the Go banking financial firm has remained one of the leading banking institutions as a result of their high security measures.