Financial Education

How to protect your sensitive financial information and minimize the risk of cyber threats. No method is completely foolproof, you can significantly reduce the risk of online identity theft by:

• Never respond to unsolicited requests for personal information, such as your banking ID, account number, username or password, even if they appear to originate from your bank, government agencies or companies with which you have a relationship.
• Creating strong and unique passwords: Use complex, unique passwords for each of your online accounts to avoid a domino effect if one password is compromised. Consider using a password manager to securely store and generate passwords and change them regularly.
• Enabling security features: Use the strongest multifactor authentication options offered by your bank. This adds an extra layer of security by requiring a second form of verification, such as a code sent to your mobile device, in addition to your password. Consider using an authenticator app or a secure token.
• Guarding against phishing attempts: Be cautious of emails, texts, or phone calls asking for personal information. Phishing scams often mimic legitimate companies, so double-check the sender's details, avoid clicking on unknown links, and report suspicious messages.
• Maintaining up-to-date software: Regularly update your devices' operating systems, apps, and antivirus software to protect against the latest security vulnerabilities. Automatic updates can help you stay protected without the hassle of manual intervention.
• Monitoring accounts for unusual activity: Frequently review your bank and credit card statements for unauthorized transactions. Notify your bank immediately if you spot anything suspicious.