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Security measures are vital in internet banking because they protect sensitive financial information from unauthorized access and fraud. Every online transaction involves confidential data like account details and payment credentials, which must be shielded from cybercriminals. Strong security practices, such as encryption, multi-factor authentication, and real-time monitoring, ensure safe data transmission, detect suspicious activity, and maintain customer trust. Without proper safeguards, users could face identity theft or financial loss, making security the foundation of safe and reliable digital banking.

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Sam Miller

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1mo ago

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