Cybercrime is booming. Last year, cybercriminals scammed nearly $7 billion from Americans, according to the FBI.
How can you protect yourself from cyberthieves?
Here are a few tips to consider:
First of all, watch out for “phishing” attempts in the form of emails that appear to be from a legitimate firm, requesting information your financial institution would never request online — account number, password, and so on.
And speaking of passwords, think about changing them regularly.
You can make it easier on yourself by using password management software.
Here’s another suggestion: Try to avoid using public computers or devices that aren’t yours to access your financial accounts.
If you do use another computer, clear your browsing history after you log out of your account.
Also, keep a close eye on your account activity and statements.
If you see mistakes or unauthorized activity in your account, contact your financial institution immediately.
Advanced technology has brought many benefits, but also many more opportunities for financial crimes.
By taking the above steps, and others that may be needed, you can go a long way toward defending yourself against persistent and clever cyber thieves.
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor John Dickerson. Member SIPC.
