1. Password security
Every account deserves a unique password that is eight characters or longer and is a combination of numbers, upper and lowercase letters and symbols. Try to create a sequence that makes it easy for you to remember, but not easy to guess. Remember not to leave your written passwords out for others to find.
2. Use multi-factor authentication
Multi-factor authentication is a security system that requires more than one method of authentication to verify the user’s identity for a log in or other transaction. This feature can easily be set up with most accounts. If someone is attempting to hack into your account, the provider will request additional authorization to grant access.
3. Check your accounts often
Keeping tabs on your daily expenses will help you quickly spot suspicious transactions. Alert your financial institution immediately if anything looks questionable. Being proactive will prevent further damage to your account.
4. Always be alert
Always ensure a skimming device hasn’t been attached to an ATM before you use it. If there is, do not use it and report it to the financial institution. Make an effort to use ATMs in well-lit areas with plenty of traffic.
5. Be aware of phishing scams
These scams are still very common and are getting more difficult to detect. If you are not expecting a link or attachment, regardless of the sender, do not click or open it until you have verified legitimacy.