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Online banking security

    How we protect you

    When you bank online with Prospera, you're protected by our global security network and by advanced security technology.

    Take a look at our security videos

    Encryption

    We take many precautions to protect the online banking environment and ensure your information is safe. Prospera.ca offers you the best security currently available in a commercial environment so that your personal and financial information is protected while in transit between your computer and our server. This is done through the use of industry standard security techniques such as encryption. Encryption ensures that information cannot be read in transit or changed by scrambling the data using a complex mathematical formula.

    Controlled Access to your Accounts

    Your accounts can only be accessed by providing the correct debit card number and password. To help you protect your information, your online banking session will end automatically if there has been no activity for 20 minutes.

    Access to our databases is strictly managed and systems are in place to ensure security is not breached, including the physical security of our computer hardware and communications.

    For more information on the specific policies and practices that we use to safeguard your personal and financial information, please view our Privacy Policy.

    Automatic Session Time-Outs

    In the event that you leave your computer without logging out, the online banking feature of this site has been designed to end your session automatically if our system detects that you haven’t provided any instructions or used the browser buttons to navigate for several minutes. To restart the session, you will need to provide your password again.

    Find out more about how you can protect yourself online.

    reCAPTCHA

    A reCAPTCHA system is designed to establish that a computer user is human and not a robot. You may be presented with a series of pictures that you will need to identify to gain access to your online banking account.

    We turn it on during times where there is the potential for increased cyber fraud for our members as it provides a deeper layer of protection against Brute Force attacks. Brute Force attacks are when cybercriminals use automated tools to attempt a range of passwords and user names to gain unauthorized access.

    Enhanced Online Security

    2-Step Verification adds an extra layer of security to protect you and your account in case your password were ever stolen. In addition to entering your password, a one-time use verification code will sent by SMS text message or email to the registered mobile phone number or email address associated with your online banking account.

    The code must be entered and submitted for confirmation to access your account online. This new feature will replace the security questions you have been accustomed to answering and will not be required at every log-in.


    Online Banking Security: Your Responsibilities

    Our members have a part to play to protect their privacy and information when they use Online Banking.

    Protect Your Login Information

    Together your account number and your Personal Access Code (PAC) are the "keys" that unlock your information in Online Banking. 

    • Never share your PAC with anyone, even if they claim they are from Prospera Credit Union. We will never ask you to reveal your PAC.
    • Memorize your PAC - don't write it down or store it on your PC. If you must write it down, store it in a place that only you know. 
    • Select a PAC that is easy to memorize and but difficult to guess, and change it in Online Banking on a regular basis.
    • Prevent others from watching you type your account number and PAC.

    Be Aware

    Use the tools provided by Prospera to prevent your information from being compromised: 

    • After you log in to Online Banking, look at the last logged in time and date above your account information: this will tell you the last time your information was accessed in Online Banking.
    • Check your account balances and transactions regularly for unexpected or unauthorized activity.
    • Supported operating systems and web browsers with the latest security patches applied must be used to access online banking.  Unsupported browsers that have known security vulnerabilities may be blocked from accessing online banking.

     

    Smart Computing

    Always follow the best practices of personal computing to prevent your information from being compromised: 

    • Always log out of secure sites, including Prospera's Online Banking. Never leave your computer unattended while your personal information is available on your screen. 
    • Use an up to date and reputable browser that supports 128-bit encryption, and install, use and maintain a quality anti-virus program. 
    • If you use a wireless Internet connection, speak to your Internet Service Provider about how you can secure your wireless connection. 
    • Empty your browser "cache" to delete copies of webpages that you've visited. 
    • Never download or install a program on your computer until you are confident that it is from a trusted and reputable source. 
    • Disable automatic "password save" features on your computer. 
    • Be especially careful about using Online Banking on public or shared computers: never access personal information on a computer unless you are confident that it - and the network it is connected to - is secure 
    • Use the many sources on the internet to understand where you or your computer's security or privacy might be at risk.

     

    How to protect yourself

    Keep your eyes open for potential scams related to the Coronavirus pandemic during these times.

    Below are some examples of the types of things that someone could receive and should be cautious of: 

    1. Emails that appear to be from organizations such as the Centers for Disease Control and Prevention (CDC), or the World Health Organization (WHO). In many situations, fraudsters have crafted emails that appear to come from these sources, but they actually contain malicious phishing links or dangerous attachments. Only open emails from reliable sources. 
    2. Emails that ask for charitable donations for studies, doctors, or victims that have been affected by the COVID-19 coronavirus. Fraudsters often create fake charity emails during times when the public are facing crisis situations like natural disasters or health scares, such as the COVID-19. 
    3. Emails that claim to have a "new" or "updated" list of cases of coronavirus in your area. These emails could contain dangerous links and information designed to scare you into clicking on the link.

     

    What can you do?

    Remain cautious, and always remember the following to protect yourself from scams like this: 

    1. Never click on links or download attachments from an email that you weren’t expecting. 
    2. If you receive a suspicious email that appears to come from an official organization such as the WHO or CDC, report the email to the official organization through their website. 
    3. If you want to make a charitable donation, go to the charity's official website of your choice to submit your payment. Type the charity’s web address in your browser instead of clicking on any links in emails, or other messages.

    As a reminder, we advise all of our members to be alert of suspicious activity online. Please always remember to use safe internet and email practices. Your security remains our top priority during these times and we encourage all members to review our simple fraud precautions to ensure you stay protected.

    Passwords

    Online credentials can be numerous as they are needed for email accounts, social networking sites, online newspapers and shopping websites. That’s a lot of usernames and passwords – and it can be tempting to use the same combination for everything. But this makes it far too easy for hackers because once they have one password, they can access all your sites. Login credentials are the keys to your accounts so don’t leave those keys around for anyone to find. For online banking, the key is your password. We recommend you:

    • Choose a password that is easy for you to remember but difficult for others to guess. Avoid using current phone numbers, dates of birth, or social insurance numbers.
    • Be smart and don’t save a list of your credentials on your PC. If you have to write them down, keep these details locked away somewhere only you can access or consider using password-management software, which secures and encrypts usernames and passwords and allows you to use a single master password.
    • Do not share your password with anyone, especially online. Employees of our financial institution will never call, email, write or ask you to provide your online banking credentials.
    • Don’t authorize browsers to memorize your credentials. Saving these on your computer allows anyone using your PC to gain access to your login-protected sites.
    • Consider changing your password every 90 days for optimum security.

    Monitoring Your Accounts

    Frequently reviewing your paper and/or electronic account statements and/or registering for our transaction alert system ensures that you spot any incorrect or fraudulent transactions as soon as they occur. If your card has been skimmed (when the card’s magnetic stripe and PIN are fraudulently copied by embedded devices at ATMs or point-of-sale devices) or unauthorized transactions have been made, you will want to catch this as soon as possible. Every time you receive an account statement, verify you made all the transactions or let us notify you whenever there has been movement in your accounts (with the transaction alert system).

    Personal Details

    When you move, it is important to notify us of your change of address. If your mailing information isn’t up-to-date, statements or letters that contain personal information will continue to be sent to your former address.

    Logging In and Out

    When you are finished with your banking session, always log out by clicking the “Log Out” button, as opposed to simply closing the browser window. To help protect your information, your online banking session will end automatically if there has been no activity for 20 minutes or if your visit lasts longer than 60 minutes. If your session has timed out, no further transactions can be made until you log in again. This time-out feature helps protect your accounts from unauthorized access if your PC is left unattended or if you have forgotten to log out.

    Direct Banking Alerts notify you via text message and/or email regarding specific activities related to your account. These alerts are an effective way to monitor accounts for unauthorized activities, allowing you to notify us should you feel your account has been compromised.

    Alerts include:

    • New Payee Added - This alert notifies you when a new bill payment vendor account is added to your online banking account. 
    • Password Change - This alert notifies you when your online password has been changed. 
    • Log-in - This alert helps you keep track of authorized log-ins to your account by receiving a notification every time someone logs-in. 
    • Interac e-transfer recipient - You will be notified every time a new Interac e-transfer (electronic money transfer) recipient is added to your banking activity. 
    • Contact change alert - This alert notifies you when an email or phone contact is disabled or deleted in your registered profile. 
    • Alert change -This alert notifies you when an active alert is modified or deleted from within your direct banking alert set-up.


    Ready to sign up? Simply follow these four steps:

    1. When you sign onto online banking, click Messages and Alerts in the menu at the left. 
    2. Click Manage Alerts
    3. Under Security Alerts, select the alert you want from the choices offered and then click Get Started
    4. Follow the prompts provided to activate the security alert on your account.


    Clearing cookies and cache

    When you spend time on the Internet, your browser stores information, such as the websites you visit, the images and files you view, and your personal information, including passwords and login details. This data is held on your computer’s hard drive and is known as ‘cache.’ Even though you may have logged out and closed your browser, this information may remain accessible. You can protect your data by clearing your browsing history regularly. This can be done in a few easy steps:

    Internet Explorer Users

    1. Click on the ‘Tools’ tab (or use the ‘Ctrl-Shift-Delete’ shortcut).
    2. Select ‘Delete Browsing History’. 
    3. Choose the options you wish to erase and click ‘Delete’.

    Firefox Users

    1. Click on the ‘History’ tab (or use the ‘Ctrl-Shift-Delete’ shortcut).
    2. Select ‘Show all History’ and/or.
    3. Choose the time frame you wish to erase and click ‘Delete’.

    Safari Users

    1. Click on the ‘History’ tab.
    2. Select ‘Show all History’.
    3. Choose the period you wish to erase and click ‘Clear History’.

    Chrome Users

    1. Click on the ‘wrench’ icon on the right-hand side of the address bar (or use the ‘Ctrl-Shift-Delete’ shortcut).
    2. Select ‘History’.
    3. Hover over the items you want to delete and click the box that appears.
    4. After selecting the items, click ‘Remove Selected Items’.

    To delete all browsing history in Chrome: 

    1. Select ‘All Browsing History’. 
    2. Choose the time frame you wish to erase. 
    3. Click ‘Clear Browsing Data'. 

     

    Private Browsing

    Some web browsers have a feature that allows you to browse the Internet without the browser storing information, such as the sites you visit, the images you see and videos you watch. This feature is sometimes used by people who share the same computer. Private browsing is a temporary option and must be selected in order for it to be activated. Private browsing, however, does not give you immunity to spyware or make you anonymous. It is still possible for your Internet service provider, employer or the websites you visit to track your online activity.

    Anti-Virus Software

    Install anti-virus software on your computer to protect your information, money and privacy. Such software detects viruses and cleans your computer so that harmful viruses do not spread. Set up your anti-virus to run frequent scans and update the software as soon as it is required. Ensure you have real-time scanning of every email and every file you download.

    Operating Systems

    Your computer’s operating system needs to be up-to-date in order to defend itself from viruses and malicious software (malware). If one part of your operating system develops a virus, it leaves holes in your PC’s security defences and compromises the safety of the information contained in your computer. 

    Keeping your software up-to-date is one of the most important ways of staying safe online because it is much harder for viruses to infect an updated operating system and software. Hackers are targeting operating systems with new viruses all the time and software companies combat these efforts with security patches. You should always download the latest security patch as soon as it becomes available. 

    Your operating system lets you know when updates are available by notifying you there are new security features to download. You can also upgrade your operating system to the latest version available from the manufacturer; however, you should ensure your computer has sufficient hardware capacity to support an upgrade. 

    Remember to back up your data. To fully eliminate a virus that has infected your machine, the re-installation of your operating system may be required. Protect yourself against the permanent loss of important data by frequently backing up your files on an external hard drive so you’ll have the data should you ever have a problem with your operating system.

    Browsers

    Web browsers are the gateways to the Internet. Similar to having an up-to-date operating system, upgraded browsers provide more features, stability and security. Whether you use Internet Explorer, Firefox, Safari, Chrome or something else, stay safe online by using the latest version available. 

    The latest versions of web browsers have security features that can identify and block harmful and fake websites and pop-ups, and warn you if a site is flagged as unsafe. Some browsers also have a ‘Private Browsing’ feature, which conceals your browsing history from others. 

    We suggest you update your browser to the latest version.

    Firewalls

    A firewall protects your computer and home network from harmful websites and hackers. It sits between your computer and the Internet, scanning information that is being transmitted. It allows for safe browsing, while blocking unauthorized intrusions. Even though you may think you have no information of value on your PC, firewalls also stop your computer from being used by hackers to send malicious software to other computers. 

    Most computers now come with a firewall as part of the standard operating system. However, you can get the maximum protection for your computer by installing additional firewalls and ensuring they are kept up-to-date.

    Protect Your Smartphone

    Browsing the web has never been easier – it’s all at your fingertips. Smartphones let you surf, shop or bank wherever you are. Make sure your information stays secure while you’re on the move by following these smartphone-safe browsing tips: 

    • Activate your phone’s password feature, which locks the screen and prevents anyone but you from accessing your phone. Set up the password feature on your phone with a code that only you know. 
    • Don’t connect to unknown networks through Wi-Fi hotspots to make financial transactions. 
    • Beware of smishing – that’s phishing on phones through text messages. Never download media or images, or click on text-message links that come from unrecognizable people or phone numbers. Never provide personal details or any account details using any form of electronic messaging because this is not a secure form of communication. If you are unsure, please contact us. 
    • Download apps exclusively from the official source for your smartphone’s platform, such as the Android, Apple or Google Play stores. 
    • Install anti-virus software for your smartphone when available and update it frequently. Install location finding applications, which work with your phone’s built-in GPS. These applications allow you to locate and/or remotely erase (or “wipe”) data in your phone if it is lost or stolen. 
    • Update your smartphone’s operating system as soon as newer versions are available.


    Recognizing Fraud

    You can help protect yourself from electronic identity theft by following some simple precautions.

    Safety Precautions for Online Banking

    • Prospera will never ask you for your personal passwords, personal information numbers or login information in an email. 
    • All legitimate internet banking web sites will begin with ‘https’ in the address toolbar, indicating that the page is secure. 
    • Look for the padlock found in the address toolbar of your browser. If the page is legitimate, by clicking on the padlock, you can view the security certificate details for the site. A fraudulent site will not have these details.
    • Type in our web address yourself to ensure you are transacting with our server. 
    • Check your statements regularly to ensure legitimate transactions.

     

    Phishing and Fraudulent Emails

    A common way for Internet scammers to obtain your personal information is through a method called phishing. Usernames, passwords, banking information and credit card details are phished through email or instant messaging. Phishing works by sending communications, which appear to be from your financial institution, but they are not. You are asked, supposedly by your financial institution, to log in to your online banking to verify account information. Often some type of security concern is cited as the issue. The fake email instructs you to click on a link that takes you to a non-legitimate version of your online banking site – one that is largely indistinguishable from the legitimate site – and you’ll be asked to enter your credentials.
     

    Phishing emails may include:

    • Warnings about account closures. 
    • Requests to update your information. 
    • Offers to register for a new service offers for pre-approved credit cards. 
    • Free virus-protection programs. 
    Once you click on the link, which directs you to a phishing website, you’ll be prompted to enter personal or banking information. Phishing scams seek personal details, such as your address, social security number or mother’s maiden name. The details obtained will then be used for identity theft.
     

    Scam emails often have some telling signs, including:

    • Poor spelling or grammar. 
    • Alarmist content, warning that your account will be closed if you don’t provide your banking or personal details immediately. 
    • Notices that you’ve won a prize and are required to pay a fee in order to claim it. 
    Never provide personal details or any account details in an email or electronic messaging.

    How to reach us

    Call our Member Service Centre

    Toll free
    1-888-440-4480

    Monday to Friday
    8 am - 8 pm

    Saturday 9 am - 5 pm

    Contact tech support
    Send us an email