In Online banking as with traditional banking methods, security is a primary concern. At Members First Credit Union we have taken every precaution necessary to be sure your information is transmitted safely and securely. The latest methods in Online banking system security are used to increase and monitor the integrity and security of the system.
The security of Members First Credit Union banking application is addressed at three levels. The first concern is the security of customer information as it is sent from the customer's PC to the Web server. The second area concerns the security of the environment in which the Internet banking server and customer information database reside. Finally, security measures are in place to prevent unauthorized users from attempting to log into the online banking section of the Web site.
Data security between the customer browser and our Web server is handled through a security protocol called Secure Sockets Layer (SSL). SSL provides data encryption, server authentication, and message integrity for an Internet connection. Currently Members First Credit Union's online banking application supports data encryption at the highest level (128 bit). In order to get this level of encryption, you will need a browser that supports it.
A security analyzer constantly monitors login attempts and recognizes failures that could indicate a possible unauthorized attempt to log into an account. When such trends are observed, steps will be taken automatically to prevent that account from being used.
Security concerns have been addressed from every angle within the architecture of the Internet banking application. Implementation of the SSL security protocol on the Web server and customer browser ensures authenticated data has been received from the customer. The three-tiered approach of the Internet banking application creates a double firewall which performs information requests over dedicated networks designed to handle specific functions. Placing all business logic and even logging within the Internet banking server creates a controlled environment which allows quick incorporation of Internet security technologies as they evolve. Finally, the security analyzer monitors login attempts in order to prevent unauthorized logins.