What can you do to protect your financial information online? A few simple steps can make a huge difference fo you and your family!
Far too often, the holidays bring not only joy but increased theft. Cyber theft and holiday scams seem to proliferate right when we are wanting to be jolly. Recently, I was contacted by a client whose mother had been the target of a scam. Many times, family members aren’t aware they are being scammed until it’s too late, and the results can be tragic. Money can often be a difficult topic to address with anyone, but it’s worth the effort to ask a few questions and protect our most vulnerable family members. The good news is that you can take some proactive steps for those you love.
Here are few tips:
- Make sure you regularly update passwords, and don’t use the same passwords for multiple accounts. One security breach could make several of your accounts vulnerable.
- Keep software programs and apps updated. These updates often include security updates and fixes.
- Retain excess funds in an account not linked to a debit card. Credit card damage is limited in scope, but stolen debit card information can lead to unrecoverable damages.
- Regularly review credit card statements for fraudulent charges. Oftentimes, criminals will try small charges first before they use your card for larger purchases.
- Keep personal information private on social media. Cybercriminals regularly use social engineering tactics to get your personal information.
- More tips from Norton.
When visiting extended family this holiday season, let them know how important they are to you and how much you want to keep them safe. Share your financial hygiene practices and offer to help them. An ounce of prevention beats a pound of cure every time.
Looking for more tips for financial well-being? Check out FiscalHarmony.com.
Orchestrating Fiscal Harmony™,
Kelly Kunst CFP®
2021 Five Star Wealth Manager
Once again, I am honored to be named a Five Star Wealth Manager by Texas Monthly. Nearly 4,000 Dallas-Fort Worth wealth managers were considered for the award; ten percent of these candidates were named 2021 Five Star Wealth Managers. Being recognized is always nice, but the real blessing is serving families and helping them on the path to fiscal harmony in their lives.
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