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Regularly monitor your online financial statements

Gaining unauthorized access to financial information is a key motive of many, if not most cybercriminals. Therefore, keep a close eye on your digital bank and credit card statements. If you notice anything that may indicate suspicious activity, report the discrepancies to your financial institution as soon as possible. Notably, many banks and credit card […]

Shield your valued accounts with extra layers of security

In today’s digital world, not all online accounts are created equal. Some, like online banking, e-commerce, and social media, hold sensitive information that makes them prime targets for cyberattacks. To safeguard these accounts, consider implementing two-factor authentication (2FA) and creating strong passwords. Two-factor authentication: an extra barrier against hackers 2FA adds an extra layer of […]

Conduct periodic security audits of financial apps

Given their importance and propensity to cyberthreats, take stock of your financial apps by conducting regular audits. Specifically, review permissions and access, keep all software up-to-date, encrypt all data, be on the lookout for suspicious activity, ensure a backup is in place and test account recovery. Here’s a checklist for a comprehensive financial app security […]

Regularly review and update your list of authorized devices

Particularly concerning sensitive accounts, such as your email, online banking and cloud storage, regular reviews and the updating of authorized devices thereof act as a defense against potential security threats. If you identify a new device that you either don’t recognize or no longer use, remove it immediately and file a report if necessary. Here […]

Keep a close eye on your financial statements

Stay vigilant against potential financial fraud by frequently reviewing your bank and credit card records. Look out for any unauthorized transactions or suspicious activity — irrespective of how major or minor any given transaction may be. Reporting any discrepancies promptly can help mitigate the impact of identity theft or unauthorized access to your accounts.

Be vigilant for indications of fraudulent banking websites

Online banking is designed to be both secure and user-friendly. However, numerous fraudulent sites exist with the intent to pilfer your personal information. Remember that a genuine bank will never request your card number or PIN as part of the login process, although security questions or confirmation through a trusted secondary device may be required. […]