Banking and VPN Needs
Nobody knows best how important the VPN service is than those that are involved in banking services. The truth is that VPN became a much necessary need. We are talking about money being transferred electronically and even physically. Both services require the use of VPN in order to add security and make sure that sensitive data is never going to fall into the hands of hackers.
In order to understand why the VPN service is crucial in banking we need to first think about how we use the Internet. A computer that is connected to the Internet will receive an IP number by the ISP. You can easily reach the bank with the use of the Internet connection that you are using. The problem is that you will not be able to access the addresses of the bank’s network as you are going to come from another network that is external to what the bank uses. This is done in order to protect all the information stored from unauthorized access. In order to actually connect to this network you will need to gain access to a VPN. VPN access is not the same thing as Internet access.
All banks will offer a VPN service as it is necessary for data exchanges. There are 2 ways to connect to the bank’s VPN. The first one is to use a web browser and the second one is to use a VPN software client. In both cases you are going to have to use a username and a password that is offered by the bank. This is your key to all the encrypted data that is present on the VPN. Without it, there is no way to access information.
As soon as you put in your username, password and you connect to the VPN service offered by the bank, you will no longer actually be connected to the Internet. A new connection will be created and you will now be created to the VPN of the bank. Every single activity that will be done is encrypted and secure.
Banks need to use a VPN service in order to offer clients a way to connect to the VPN through the Internet and to be able to communicate between branches securely. All the information that is exchanged through VPN is secured and hackers cannot gain access to it since they do not have the necessary decryption key. That is why Internet banking is secured while also demanding much from you.