ECONOMY

Protecting Your Online Investment Accounts from Fraud

Investing online is more popular than ever before. But these online investment accounts obviously make for great targets for cybercriminals. This is why you should consider how to protect your online investment accounts from fraud.

Toma Bonev

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Investing online is more popular than ever before. It’s easy to manage all of your investments from one little. But these online investment accounts obviously make for great targets for cybercriminals. This is why you should consider how to protect your online investment accounts from fraud. 

These days investing is something that takes place online. Even though there are a lot of security measures on online investment platforms, you will always be at risk in the digital world. These platforms are obviously great targets for cybercriminals that could potentially get their hands on a lot of money.

So, if you want your money to be safe, you need to do as much as you can to boost your own security at your online investment accounts. Check out a few simple tips on how to do so here. Besides these few tips, here are a lot of additional things that you can do to increase your safety. Read more about them here.

Focus on passwords

A simple but important security measure is your passwords. All of your passwords need to get the same attention. They should be unique and changed on a regular basis. Avoid using the same password twice. Always make them long and complicated. Random words, numbers and symbols will make for a password that’s very hard to crack. 

Turn on account alerts

Another thing you can do immediately is turn on your account alerts. They will make sure that you get a notification if anything happens on your account. This could be failed login attempts, password changes, money transfers and so on. This will make you able to react immediately if anything should be going on with your accounts. 

Read also: Soft Skills: These Are The Ones That Companies Are Looking For The Most

Never use shared computer or networks

When it comes to sensitive accounts like investment accounts, you should never access these on any shared computer or network. This will make it way too easy to enter. If you are on a shared network, anyone on the same network could easily hack into your device, watch everything you do and steal your data. There is a way to protect yourself against this, if you do need to use shared networks. 

You can protect yourself on a shared network by using a VPN. It creates its own network and encrypts your actual data. This will make it impossible for anyone to see your information – even though they’re on the same network. Do yourself the favor of choosing a vpn of a high quality that fits your requirements. The best ones can be found at a guide on vpnpro.net.

Update your privacy settings

Last, but not least, you should make sure to update your privacy settings on a regular basis. This should be done on all of your devices and in all of your software. Make sure to delete the software that you don’t use, and only allow access to the most necessary data for the software that you do use. Read more about handling your money here.

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