Most consumers do not realize the risk when they manage their checking and savings accounts through online banking. Two-Factor Authentication (2FA) and SMS out-of-band authentication (password sent to a mobile phone via SMS text message) can deny fraudsters access to their accounts. Bank of America offers SMS out-of-band authentication for free. I would recommend that any consumer using online banking at Bank of America sign up for the free service and protect their accounts. It takes only minutes to set up and it is very easy to use.