With COVID more and more of us have turned to using online tools to handle our banking and financial tasks. These are some tips you should follow:
HTTPS and Multi-factor Authentication
Whenever you are using a web browser like Safari, Chrome, Explorer or Fire fox, make sure the website you are accessing use using a secure connection. The website should be Https not just Http, the “s” stands for secure. You should also setup multi-factor identification. This is a second code sent to you smart phone or using one of the authenticator apps. This adds a second layer of protection for you accounts.
Fraud Notification and Account Alerts
Your financial institutions that issue credit and bank cards should offer the opportunity to turn on notifications should your card be used. For example I turn on fraud notification every time my credit card is used. It’s a simple text that notifies me of the purchase. You can also usually setup balance notifications when your funds are running low.
Use A Strong Password for Logging In
You should do this for all your accounts, but especially for your banking and financial accounts. Make sure it’s long and uses special characters.
Return to Money Home Page