Security Questions definition

Security Questions. The security questions and answers provided are private and cannot be seen by the Bank. If you do not recall or do not recognize the presented security question when attempting to log on, you may contact the Bank to request that your questions be reset.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Security Questions mean an agreed upon list of user- specific questions and answers that may be randomly presented to an Authorized Representative who attempts to communicate to Bank a Payment Order instruction under the Bill Pay Service. Company agrees that ▇▇▇▇’s employment of Security Questions to confirm the identity of the Company’s Authorized Representative who logs on from a device that is not a Recognized Device, along with a user’s proper submission of Access Credentials, is a commercially reasonable alternative security procedure for authenticating Payment Order instructions under the Bill Pay Service, which is agreed to by Company for its own needs and convenience. Company agrees that the repetitive use of the Security Questions over time, for each and every log on event made from a non-Recognized Device, is requested by Company for its own convenience and desires. The occurrence of unauthorized access will not affect any transfers made in good faith by Bank prior to receipt of such notification and within a reasonable time period to prevent unauthorized transfers.

Security Questions means a set of questions and answers that is being prompted to you as an additional level of account verification when the system detects unusual transactions via your Connect account. The security questions and answers are set up by you and they act as a secondary method to identify yourself in addition to your Username and Password.

Examples of Security Questions in a sentence

• We reserve the right to edit, amend or issue you with new Security Questions and Answers or require a change of your Security Questions and Answers at any time by giving notice to you.

• In the event that you appoint an Authorized Person, such person will be required to use the Security Questions and Answers provided by you in order to use the Services.

• You will tell us immediately if you believe there has been an unauthorized use of your Password, your Security Questions, your Verification Code, your Account or Online Account Services or the Pay Online feature thereof.

• We will not be responsible for any loss or damage you may suffer as a result of someone using your Password, Security Questions, or Verification Code, whether with or without your permission or knowledge.

• If you give your Password, Security Questions, or Verification Code to someone else or allow someone else to use your Account or your Online Account Services or the Pay Online feature thereof, you will be responsible for all actions taken by that person, including, without limitation, the scheduling of any payments or the updating or removal of any payments scheduled on your Account, even if that person exceeds your permission.

• We collect the following information: • E-mail Address • Account Numbers • Passwords • Security Questions The information that we collect from children is used: •To fulfill a requested transaction; and •To access Online Banking or e-statement services.

• You will keep secret your Online Account Services Password (your "Password"), your security questions and answers (your "Security Questions"), and any Verification Code you may receive from us to verify your identity through MFA.

• You agree to protect and keep confidential your Account number, debit card number, Personal Identification Number (PIN), Access ID, Passcode, Security Questions, Answers, or other means of accessing your Accounts through the Digital Banking Service (collectively referred to as Confidential Information).

• Answers to Common IT Security Questions • All data transmitted between our servers, and between us and our users, is encrypted with industry-standard TLS1.2 or better.

• Royal Bank will treat a VPA User’s selection and use of Security Questions and Answers as the VPA User’s authorization for a Supplier to access and obtain Virtual Card Numbers.

More Definitions of Security Questions

Security Questions means the questions and answers that you may be required to choose and provide answers to when prompted in order to assist ATB in confirming that you are the person accessing the Services. ● "Sender" means: o for the purposes of sending funds via Interac e-Transfer, the person, including you, who initiates an Interac e-Transfer Transaction; o for the purposes of the Request Money Service, the person, including you, who is responding to a Request Money; o for the purposes of a Global Transfer, you who initiates a Global Transfer.

Security Questions has the meaning given to this term in Section C.3.a.

Security Questions means the questions and answers that you may be required to choose and provide answers to when prompted in order to assist ATB in confirming that you are the person accessing the Services. • "Sender" means: o for the purposes of an E-transfer, the person, including you, who initiates an E- transfer; o for the purposes of a Global Transfer, you who initiates a Global Transfer. • “Username” means either the Customer Card Number that you have at the time the Services were first made available to you or a username that you select in accordance with our guidelines. Your Username must be used together with your Password to access the Services. If you use a Customer Card Number as your Username, the Username will not be automatically updated by ATB if a new card with a new Customer Card Number is issued to you.

Security Questions means the questions and answers that you may be required to choose and provide answers to when prompted in order to assist us in confirming that you are the person accessing the Services. ● Services means the ATB Prosper Services and/or ATB Investor Connect Services, as applicable. ● Site means ATB Prosper and/or ATB Investor Connect, as applicable. ● Username means either a username or the email address that you select in accordance with our guidelines. Your Username must be used together with your Password to access the Services. ● We, us, and our means ATBIM or ATBSI, as applicable. ● You and your means the person or entity enrolled with us to access the Site and the Services.

Security Questions mean an agreed upon list of user- specific questions and answers that may be randomly presented to an Authorized Representative who attempts to communicate to Bank a Payment Order instruction under the Bill Pay Service. Company agrees that ▇▇▇▇’s employment of Security Questions to confirm the identity of the Company’s Authorized Representative who logs on from a device that is not a Recognized Device, along with a user’s proper submission of Access Credentials, is a commercially reasonable alternative security procedure for authenticating Payment Order instructions under the Bill Pay Service, which is agreed to by Company for its own needs and convenience. Company agrees that the repetitive use of the Security Questions over time, for each and every log on event made from a non-Recognized Device, is requested by Company for its own convenience and desires. The occurrence of unauthorized access will not affect any transfers made in good faith by Bank prior to receipt of such notification and within a reasonable time period to prevent unauthorized transfers. Changes to and Interruption of the Services. Bank may on a regular or as needed basis perform maintenance with respect to the system on which the Online Banking Services are made available which may result in interrupted service or errors in the Online Banking Services. Bank also may need to change the scope of the Online Banking Services from time to time. Bank will attempt to provide prior notice of such interruptions and changes, but cannot guarantee that such notice will be provided. If access to the Online Banking Services is interrupted or unavailable through use of Company’s computer and modem, Company should call Bank for assistance in obtaining access. Bank has the right to change Equipment specifications.

Security Questions means the questions and answers you select used to help authenticate particular instructions provided by you within Internet Banking.