When it comes to big money, you should forget the word “overmanagement.” The fruits of your labor are a plum for frauds: brazen schemes are pulled over people, who don’t know how to protect their money. To help traders and investors, we’ve collected some basic tips on Internet safety.
The Basic Rules Of Money Treatment
The Internet is a dangerous jungle – especially for those of us who use it in business or at least once shopped online with his credit card. You never know what waits for you behind a facade of a stylish website. Modern fraudulence became so inventive that people realize they’ve been deceived only when their accounts are left deflated.
The good news is – almost 99% of all money stealing crimes could have been prevented with simple facts checking. This is the reason why it’s so important to stay in tune with the latest analytic materials in the area of online safety – as they say, forewarned is forearmed.
Working with money, you should know the complexity of their gaining. And, take it from us, losing your savings is much easier and faster than their rising, so strong security considerations are a must. Here are some basic tips on how to protect your savings from malevolent people and organizations.
Having A Safe Internet Connection
Frauds’ technological approach requires a strong counterblast in the form of data encryption.
If you check the address bar of our site, you can see that its name starts with HTTPS abbreviation, which is the name of the connection protocol between your device and our server. This is the improved version of the HTTP protocol, where the last “s” means “secure.” When you visit some site for the first time, you should check its web address to understand its trustworthiness: sharing your data on sites with HTTP connection is extremely insecure and risky.
But, aside from scammy sites, your data gets in danger every time you use public Wi-Fi. When your money transactions, bank account operations, chat conversations, etc. travel to the Internet, they pass intermediaries – your Internet provider or the owner of the Wi-Fi hotspot you’re surfing from. As soon as the data is transferred “as-is,” it’s very easy for any member of the intermediaries chain to check your traffic and browsing history.
To stop third parties from looming over your shoulder, a VPN is a must-have. Consider using the best VPN for Mac, Windows, Android or iOS. The greatest product has to meet such requirements:
- have a fast connection speed
- use reliable VPN-protocols, like OpenVPN
- cover a sufficient amount of countries around the world
- work on the users’ payments, not taking money from third parties or government
Handling Passwords Correctly
The simplest (and the most efficient, probably) thing you may do to protect your money is to take password creation responsibly. If your password from the online bank consists of letters in alphabetical order, “QWERTY” or classical “12345”, then we have some bad news for you – you’re doing everything wrong. Three basic “password” rules are:
- Use a random password generator for 7-30 symbols-in-length keys, which must include lower– and uppercase letters, numbers and special symbols. The absolute “no” is a password with your name, surname, birthdate, or pet nickname.
- Do not store passwords in a single text file on your laptop, smartphone; don’t leave the paper “hints” near your working place. The perfect variant is to memorize keys, but if that’s impossible, then consider using a reliable soft for the password storage.
- Use different passwords for every single account you’ve created.
Other Useful Measures To Take
- Remember not to share your credit card data (card validity, CVV, secret word from your account) with anyone, even if you receive an “official” request from your very own bank facility. No entity has a right to ask you for such information, so, if a polite consultant asks you to spell out your PIN-code, then you can equally politely hang up the phone.
- Use double-factor authorization. It may seem complicated at first, yet, the advantages outshine the efforts – knowing what activity happens on your account, you double its protection.
- Do not open files or click on links from the unknown sources. If you receive a suspicious letter on the email, the best decision would be to delete this message immediately.
Now, when you know the basics of online security, we’re sure that no fraud will be able to mislead or steal from you: by following these simple rules, you decrease the risks of your data or money stealing to an absolute zero.