In today’s digital world, the convenience of digital financial tools is great. On the flip side, this comes with the increased risk of cyber threats. In this article, I want to highlight how you can help to keep your assets secure from hackers or cyber threats.
1) Use strong and unique passwords:
- Use combinations of uppercase and lowercase letters, numbers, and special characters.
- Avoid easily guessed information like names or birthdays.
- Use a password manager to store passwords for each account.
2) Use multi-factor authentication on all financial accounts:
- Adds an extra layer of security by requiring a second form of verification such as text message code or email confirmation.
3) Lookout for phishing scams:
- Phishing scams trick receivers into revealing sensitive information through fake emails or messages.
- To avoid these, verify the sender’s email address and avoid clicking on links or attachments.
4) Secure your devices and networks:
- Install antivirus and anti-malware software on your devices.
- Keep applications and systems up to date with latest security measures.
- Avoid using public Wi-Fi for financial transactions.
5) Monitor your accounts regularly:
- Set up account alerts for unusual activity.
- Review accounts frequently to identify any unauthorized transactions.
6) Be selective about sharing information:
- Avoid sharing sensitive details over email or messaging apps.
- Only share financial information on trusted, secure platforms.
7) Use trusted financial apps and services:
- Check app reviews and ratings.
- Read the privacy policy to understand how your data will be used.
8) Have a plan if a security breach occurs:
- Act quickly.
- Notify your financial institutions immediately.
- Change passwords of hacked accounts.
- Place fraud alerts on accounts.
- Consider a credit freeze.
- Report the incident to legal authorities if necessary.
The digital world offers a lot of convenience and efficiency but there continues to be increased cyber risks. If you implement these 8 measures, the security of your financial information will be enhanced.
Together, we can work to keep you on-track toward your financial goals.
Request a consultation to learn more.
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