05 Sep 2024
Over 7.4 million Bangladeshis live in developed countries, including Ireland, for work and send money to Bangladesh from Ireland for different purposes, including family support. Their financial contribution has been significant through inward remittances, except in 2022, when the quantum dropped to $21.51 billion. Although, you can easily find reliable methods to transfer funds online that keep you safe and secure. But are you satisfied with your safety and security after entrusting a service provider with your hard-earned money? You must never be complacent about your online safety. Only at least once have you been through all the tips explained below and acted upon these!
The strong economy of Ireland, with a nominal GDP of $533.14 billion and a GDP Per Capita income of $103,983.3, appeals to several job-seekers from around the world. They quickly find sustainable jobs there. Bangladeshis are no exception. They find jobs in Ireland in different professional fields and start earning money.
But while finding jobs in countries like Ireland is relatively easy given the economic statistics stated above, you are the only one who has to exercise caution when you send money online to Bangladesh from Ireland. What if you choose the best online remittance transfer service provider, such as ACE Money Transfer, whose security and safety parameters are impossible to breach but unknowingly connect to an open and public Wi-Fi connection? Remember that this is a recipe for financial disaster, especially when you connect your mobile phone to a network where you have saved your financial credentials and other sensitive data. Imagine a security lapse taking place owing to this. Who do you blame? Is the service provider the one you can heap blame upon? No. Not in any way! What is it, then, you wonder? You have asked the pertinent question at the most appropriate time. It is only because you still need to assign the following tips the serious attention they deserve.
You usually put up your data on specific social media platforms when using the internet for different purposes. This data can include pictures of your family, videos, etc. But do you know that this data can leave you vulnerable? Well, for the simple reason that you are trying to stay safe against online predators who know what you don't know about the internet and how to fleece you. Therefore, the ideal way is to keep such data private. Or enhance your device’s security settings to the optimal levels, if necessary.
Have you ever noticed that you have many links and websites that make exciting offers while sifting through the internet for any purpose? Exciting to the extent of making you click the link without analyzing the offer. Click it, and after a while, find yourself in the lap of an online scammer. Therefore, be extremely careful when such a scenario appears, particularly when you wish to initiate a money transfer from Ireland to Bangladesh.
No. Do not get it wrong. You normally tend to create passwords that are easy to remember; the easiest way you can find is to add hints about yourself and your family. Have you ever thought about it? Passwords containing information like your pet name or date of birth are easy to guess and crack. Therefore, always create awkward, long passwords that are not even distantly connected with you and your family.
Another tip to your online safety is never to use the same password for different platforms. This means that the password for your email account must not be the same as the one to unlock your phone. Also, no matter how strong your passwords are, keep changing them regularly. Use as many different passwords as the number of apps. Install apps like Password Manager and save all your passwords. Done? Good! Now, you only have one password to remember when accessing many others. Easy, right?
A typical smartphone nowadays has the following protections:
· Password
· Biometric Authentication
· Face Recognition
Enable all of these authentication factors to unlock your phone and even apply them to certain sensitive apps, such as your financial apps or mobile money transfer app(s).
Can you find a cure for an ailment you do not have? No. You cannot. Similarly, you can't protect yourself from online scams if you have no idea about them. Online scams come with different titles and modus operandi, but they all share the common objective of fleecing you. Therefore, make sure to learn about online scams and beware.
Make sure to use trusted and authentic antivirus software for your smart gadgets. But remember to scan your gadgets regularly and update them. Yes, most apps automatically update but check to see if they need a manual update. Also, make sure to create a schedule for scanning your devices and stick to it.
Here, the reference is not essentially to a banking app. It refers to an app you might use for online money transfers. It’s given that most apps log out automatically, but you must remember to check whether you have been logged out.
Do you know about the most significant tool scammers have to trick you into submission? Yes, this submission is involuntary because you do not know. Well, this tool is the emails. Scammers will send you unfamiliar and unknown emails containing links that will trap you if you click them. Therefore, never answer such emails and click any link you see in such emails.
Yes. This point is already discussed, but briefly, leaving a margin for further explanation. In developed countries, you will find open Wi-Fi connections everywhere, even on buses, trains and in restaurants. Therefore, it is tempting to connect to these connections, which can leave you vulnerable to scammers.
Why do you need optimum safety online? Well, when you make an online money transfer from Ireland to Bangladesh, your hard-earned money is involved. You cannot afford it if something goes wrong.
Therefore, choose ACE Money Transfer, whose security parameters are tight and have several ironclad safety layers. In addition, the speed of funds delivery only adds to the safety of your funds and the transaction while charging a low fee and offering you live and competitive currency exchange rates. All of this is financially beneficial for you with optimum safety.
Cybersecurity refers to your safety when using the Internet for any purpose or during your online presence. It also encompasses how to secure yourself when you connect to the Internet and go online.
Cybersecurity is essential because online scams and fraud are rising worldwide, with a particular emphasis on financial fraud. Although several online fraud types have different titles, their objective is identical—to fleece you financially. Cybersecurity is essential to stay protected from this.
If your online safety is compromised, you will be exposed to hackers and scammers. They will then extract all your data and either blackmail you into submission to pay money or fleece you financially to deprive you of your hard-earned cash.
Some of the most common online scams are Phishing, Identity Theft and Account Takeover, Remote Access Fraud, Vishing, Investment fraud, Lottery Fraud, Employment Offer Fraud, and Romance Fraud. Remember that these frauds boil down to financially fleecing you.
You can quickly secure your online presence by not connecting to open Wi-Fi connections, using multi-factor authentication and seeking awareness about online scams. You can also use antivirus, ignore unknown emails, create tough passwords, not use the same password for different platforms, etc.
Resource(s)
· Bangladeshi Diaspora
(Bangladeshi Diaspora: Cultural Practices and Development Linkages | SpringerLink)
· Inward Remittances to Bangladesh
(Personal remittances, received (current US$) - Bangladesh | Data (worldbank.org)
· Ireland’s GDP
(GDP (current US$) - Ireland | Data (worldbank.org)
· Ireland's GDP Per Capita
(GDP per capita (current US$) - Ireland | Data (worldbank.org)
