Criminals are getting smarter by the minute, and it can be difficult to stay ahead of them when it comes to keeping your money secure. As the online world continues to evolve, criminals find new ways to obtain your personal information and access your identity and compromise your financial security. It’s important to stay up to date with new technology to keep yourself protected. Here are a few tips you can use to secure your finances in cyberspace as you head into retirement.
Secure Your Passwords
Are you using the same password for everything you log into? That’s not a good idea, because if that password is compromised and sold, a person with bad intentions then can access multiple accounts at once. Create passwords that are unique to each log in or website, and if you have the option to select two factor authentication, use it. When you use two factor authentication, you’ll be prompted to enter a code sent to you via another source (your phone, text, or an app) which provides another layer of security. Think you might have trouble remembering all of those unique passwords?
Use A Password Manager
Password managers are designed so that you only need to remember one password (for the password manager), which then provides you access to the password vault, where all of the other unique passwords for each website and log in are stored. A password manager can even design unique, difficult to hack passwords for you so that you don’t have to come up with it on your own.
There are several credit monitoring services available for purchase, and it’s worth comparing them to see which is the right fit for you. Credit monitoring systems monitor your credit and notify you whenever an inquiry is made into your credit, so that you are aware if something unusual is happening and you can then investigate and put a stop to it before it starts. They’re usually a nominal fee.
Visit Secure Sites
When you’re visiting websites, make sure you’re visiting securely – check that you’ve typed the address correctly, as phishing schemes may run…