In today’s digital world, safeguarding your personal and financial information is more important than ever. Cyber criminals are constantly finding new ways to access sensitive data — but with a few proactive steps, you can significantly reduce your risk.
Here’s how to stay a step ahead:
1. Monitor Your Financial Accounts
Regularly review your bank, investment, and credit card statements for suspicious activity. You’re also entitled to one free credit report per year from each of the three major credit bureaus: Equifax, Experian, and TransUnion.
Request yours at www.annualcreditreport.com or by calling 1-877-322-8228.
2. Add an Extra Layer of Credit Protection
If you suspect identity theft or simply want more peace of mind, consider these free protections:
Fraud Alert: Requires lenders to verify your identity before opening new credit in your name (valid for one year; seven years if you’re a victim of identity theft).
Credit Freeze: Blocks credit bureaus from sharing your credit report until you lift the freeze. It’s free to place or remove and provides strong protection against unauthorized credit activity.
Contact each major credit bureau directly to set these up.
3. Strengthen Your Online Defenses
Most identity theft starts with online breaches or phishing scams. Protect yourself by practicing safe digital habits:
Think before you click: Be cautious with unexpected emails or texts, especially those urging you to click links or enter passwords. Always go directly to the company’s official website instead.
Use strong, unique passwords: Combine uppercase, lowercase, numbers, and symbols. Avoid reusing passwords and consider a password manager for convenience.
Enable two-factor authentication: Add a one-time verification code step for financial and sensitive accounts to deter unauthorized access.
- Stay up to date: Regularly update your devices, apps, and browsers. Delete old accounts and unused apps that could expose personal data.
4. Limit Data Sharing Across Platforms
When signing up for new apps or services, avoid using “Sign in with Facebook” or “Sign in with Google.” These shortcuts can unintentionally link your accounts and expose your data across multiple platforms. Periodically review and disconnect any linked accounts you no longer use.
5. Stay Vigilant and Informed
Protecting your identity is an ongoing process. A few simple habits — monitoring accounts, practicing cyber awareness, and using available protections — can go a long way in securing your personal information and financial well-being.
If you have questions or need help taking these steps, Select Wealth Partners is here to guide you in protecting what matters most.