As the technology in our lives gets smarter and more sophisticated, unfortunately, so are financial fraudsters and hackers. Here are some tips to keep your information safe.
- First, never give out sensitive information over the phone to someone you don’t know. Remember, the IRS or your bank will not call or email you and ask for your social security number, account number, or PIN. If you’re in doubt, politely hang up the phone and get the contact information directly from www.irs.gov or call the 800 number printed on your bank statement.
- Second, avoid public wifi. It’s best to use your computer at home for online banking. Avoid public wifi connections, like coffee shops, which can make it easier for hackers to access your financial information. Of course, please make sure your home network is encrypted and secure.
- Third, stay aware and be smart. Open and review your statements and bills promptly — immediately investigate any unexpected charges. If you’re getting hard copies in the mail, remember to shred them after you’re done. Also take advantage of email or text alerts when possible. If your credit card or bank offers them, it’s a great way to know when there’s unusual activity, or if changes were made to your password or address.
The information on this page is provided for educational purposes only and is not tax, legal, financial planning or investment advice. Neither the information nor any opinion expressed in this section constitutes an offer to buy or sell any securities or advisory products. The information provided is general and is not information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. You should not regard this information as a substitute for the exercise of your own judgment. Investing involves risk.