Tips to Help Keep Your Financial Information Secure
Your financial information is very important... after all, it
can identify how much money you have in your accounts, where
your accounts are located, and the methods that you use to
complete common transactions. Because of this, it's very
important that you make sure that your financial information is
secure and that you're not inadvertently giving criminals a way
to steal your money or even your identity.
There are several methods that can be used to help secure your
financial information and protect your identity... below you'll
find some of the easiest and most common so as to help ease your
mind from the worries of identity theft.
Be Careful with Records
No matter what sort of bank accounts you use and regardless of
the types of transactions that you make, there will always be
some sort of financial record that could be used illegally if
you're not careful. It's important that you don't simply leave
your financial records sitting around in the open or toss them
in the top of your garbage can when you're done with them. Many
financial institutions now offer electronic records that can be
accessed from a secure website online, and online retailers
usually send e-mail receipts that disguise payment methods.
Investigate the options available to you that can reduce the
amount of paper records that you have to keep on hand, and those
records that you do keep physical copies of should be placed in
a secure location for as long as you retain them. Using a
fireproof lock box or safe can keep them secure with the added
benefit of protecting them in the event of fire or other
disasters.
Dispose of Financial Documents Properly
When the time comes to get rid of some of your financial records
and other documents, you should make sure that you do so
properly. Shop around and purchase an electronic document
shredder, preferably one that offers cross-cut shredding so that
the documents are reduced to confetti-sized pieces instead of
the strips that are made by straight-cut shredders.
If you keep a lot of your financial information on computer
CD's, you might want to consider purchasing a device known as a
CD shredder, which makes a number of holes and pits in the face
of a CD and makes it unreadable and unrepairable. Alternately,
make sure that the CD is physically broken into several pieces
or the face of it has been burned or otherwise permanently
damaged.
Beware of Suspicious E-mail A variety of e-mails appear to be
from legitimate senders that you do business with, but in
reality are simply a method to try and get your login
information so that others can access any financial or personal
information contained within your account. If an e-mail does not
match other e-mails that you have received from the supposed
sender or asks that you click on strange-looking links to update
your account information, log into the homepage of the site the
e-mail claims to be from and report it to the site's fraud
department to see if it is legitimate before attempting to do
anything the e-mail says.
Avoiding Fake Websites
Much like fake e-mails, fake websites attempt to steal your
login information to a particular site so that others can access
your account. Beware of typos in the URL that you enter, because
even though it looks like the right site it may be a site that
was created to be a copy of the original to fool you. Retype the
URL instead of going ahead with the current site, just to make
sure.
You may freely reprint this article provided the following
author's biography (including the live URL link) remains intact: