New Delhi, April 28 -- For most Indians, their main bank account forms the core of their finances. This is where the salary is credited each month and from where every major life goal is funded, whether it is an EMI for a home, school fees for children, or medical expenses.

But this is not it. We use the same account for daily transactions as well. From paying for a cab ride to paying at the tea stall, every transaction goes through the main account. That means your savings are exposed every single day to any possible frauds.

One of the reasons why people lose large sums of money to online fraud is that they use the same account for savings and daily transactions. If your main account is exposed to dozens of digital touchpoints every da...