“Sibernet” is the Internet Banking Service of South Indian Bank Ltd, which allows its customers to avail the bank’s services through Internet.
2FA (second factor authentication) for enhanced SIBerNet security
2FA enables the users to make their online transactions in the most secured way. It is a security process in which the system will prompt the user to enter a dynamically generated one time password-OTP (Which could either be sent as SMS to the registered mobile number of the customer or it can be self-generated by the customer through an application downloaded to customer’s mobile handset). Thus even if the internet banking passwords of the customer are compromised, fraudster will not be able to do any financial transactions without having access to the registered mobile phone. This is a globally followed practice which ensures maximum security to internet banking transactions. As an additional security measure it is always suggested to operate SiberNet, with Second Factor Authentication (2FA).
Customers can avail this facility by contacting the parent branch where account is maintained or by giving a request mail to [email protected]
Advantages Of Sibernet