8 Ways To Make Your Financial Data More Secure

Published by Angela Lim on

Data Security Illustration Drawing by Julie Lim_Me and My PF_Personal Finance Blog
Data Security Illustration Drawing by Julie Lim_Me and My PF_Personal Finance Blog

8 Ways To Make Your Financial Data More Secure

Unfortunately there’s a ton of people out there who are constantly trying to hack into other people’s accounts and/or steal their identities. This can result in bank accounts being wiped out, being liable for a loan you never opened, and ending up with credit card charges you never made. Fortunately there are some steps you can take to help protect yourself. 

1. Use strong, unique passwords for your accounts

Why: If you use the same, weak passwords for your accounts, there’s a much higher chance of your accounts becoming compromised. It’s easy for hackers to compromise all your accounts if they’re able to crack just one account. So it is a good idea to have both a strong and unique password for your accounts. 

How: 

1. Save your passwords in a physical notebook or use a password keeping app like LastPass, Bitwarden, and Dashlane. Password keeping apps also auto generate strong passwords.

2. Strong passwords have:

  • More than 10 characters
  • Capitalized and lowercase letters
  • Include at least one number (123) and one special character (!@£)
  • No ties to personal information (birthday)
  • No dictionary words

3. Tips for memorable strong passwords

  • Change some letters into numbers or special characters; Example: Cookie → C00k!3
  • Create an acronym with a phrase or quote; Example: Now I’m feelin’ so fly like a G 6 → NifsflaG6$
  • A series of random dictionary words. (It sounds contradictory to my previous tip, but if the dictionary words are random and long enough, computers will have a hard time cracking it.); Example: Battery Long Donkey Rose987

          2. Freeze your credit with all 3 credit bureaus

          Why: Whenever you open a new line of credit (e.g. credit card, car loan, mortgage loan, etc.), the lender needs to pull your credit to check your credit score and history. However, if your credit is frozen, you can prevent people from opening new lines of credit in your name, because the lenders will not have access to your credit. 

          How: 

          Tip: You should only temporarily lift your credit whenever you need to for purposes like opening a new credit card, purchasing a home, purchasing a car, etc. Otherwise, keep them on lockkk. 

          3. Check your credit report every 4 months

          Why: Your credit report not only shows your credit score, but also, details of your lines of credit such as what accounts are currently open, the payment history, and balances. You can also see delinquencies (past due payments) that are hurting your credit score, closed account information, job history, and previous addresses. If anything looks funky, like a credit card you never opened or a company you never worked for, you should dispute the information with the credit bureaus and reach out to the company to figure out what is going on. Try to shut down any accounts that were not opened by you ASAP. 

          How: Each of the 3 Credit Bureaus allow you to pull your credit report for free, once a year. So, if you you plan correctly, you can check your credit report 3 times a year for free by alternating between different credit bureaus every 4 months. You can request your free credit reports through annualcreditreport.com. Do not use any other “free” credit report sites! I know this site looks kind of lame… but it’s the only site that’s authorized by the FTC. 

          4. Lock your debit and/or credit cards

          Why: Credit and debit cards becoming compromised is happening more and more nowadays, but people can’t use your cards if those cards are locked!

          How: Most large banks such as Chase and Bank of America now give you the option to easily lock and unlock your cards online through their App with a swish of a finger! At the minimum, you should lock your debit cards as they have less protections than your credit cards and are directly linked to your bank accounts. 

          5. Check your financial accounts once a week

          Why: Even with your best efforts, your accounts (e.g. bank account, credit cards, retirement, investment, etc.) can be compromised. Therefore, it’s good to regularly check (at least a few times a week) your transaction history and balances to make sure nothing funky is going on. Sometimes, there can also be mistakes made from the bank itself or people could have punched in the wrong amount at stores/restaurants. If you do see something funky, report it ASAP. Fortunately with debit and credit card transactions, it’s fairly easy to get reimbursed for those transactions, but it becomes harder the longer you wait. 

          How: Log into your financial accounts at least 1-3 times a week and keep your eyes peeled for any unknown transactions. You can also set up alerts on your accounts that are triggered when $X amount is transferred out of your account, $X amount is spent at one time, if any international charge is made, etc.  

          6. Create a separate email address for your financial accounts

          Why: Nowadays, we rely on our email and phone to receive important alerts, statements, reset passwords, etc. If you use a personal email that you’ve shared with many people or gave out to companies, the chances of that email being compromised is higher. Therefore, consider making an email that is simply used for financial accounts and isn’t shared with anyone else. Of course, make sure that emails password is super strong too!

          7. Turn on 2 factor authentication when possible

          Why: It makes it that much more difficult for someone to hack into your account when you have 2 factor authentication (2FA), especially when you turn on the SMS 2FA. Make sure to never give out that 2FA code to anyone! Hackers sometimes call, pretending to be your bank to get access to your account – don’t fall for it! 

          8. Don't save your credit/debit card info on sites & email

          Why: If your email(s), computer, phone, etc. become compromised, your cards can be easily used by hackers. My friend actually had his gmail compromised recently and almost ended up paying over $500 for fishy Russian apps because the hacker figured out that he saved his credit card info in his gmail. Luckily, Google alerted him of suspicious activity which prompted him audit everything. 

          TL;DR

          1. Create strong, unique passwords. You can use this password generator.
          2. Freeze your credit with all 3 Credit Bureaus: Transunion, Experian, Equifax
          3. Check your credit report every 4 months
          4. Lock your debit card and/or credit cards
          5. Check your accounts at least once a week and set up notification alerts
          6. Create a separate email address just for your financial accounts  
          7. Turn on 2 factor authentication for everything
          8. Don’t save your credit card/debit card information on your emails and websites.

          92 Comments

          Farand Brandtr Yvor · August 9, 2020 at 6:08 PM

          Good luck to your blog as I continue to follow regularly. Farand Brandtr Yvor

          qYwhimH · December 5, 2020 at 2:45 PM

          415006 810082Oh my goodness! an incredible post dude. Thank you Nonetheless Im experiencing challenge with ur rss . Don know why Unable to subscribe to it. Is there anyone acquiring related rss drawback? Anybody who knows kindly respond. Thnkx 555150

          ΜΗΧΑΝΑΚΙΑ ΨΑΡΕΜΑΤΟΣ SPINNING · January 28, 2021 at 7:58 AM

          740634 41221I like this website so a lot, saved to favorites . 823483

          fish spatula yourfishguide.com · January 31, 2021 at 6:18 AM

          569011 709296There is clearly a good deal to know about this. I think you made various great points in functions also. 974865

          fetish escort madrid · February 18, 2021 at 10:53 AM

          729295 544599It is a shame you dont have a donate button! Id without a doubt donate to this brilliant blog! I suppose for now ill settle for book-marking and adding your RSS feed to my Google account. I appear forward to fresh updates and will share this weblog with my Facebook group. Chat soon! 840263

          rolex milgauss replica · February 25, 2021 at 8:26 AM

          983979 955365I dont feel Ive read anything like this before. So great to find somebody with some original thoughts on this subject. thank for starting this up. This web site is something that is necessary on the internet, someone with a bit originality. Very good job for bringing something new to the internet! 546101

          arvest central mortgage · March 1, 2021 at 1:36 PM

          1686 469568Yay google is my world beater assisted me to find this wonderful site! . 578398

          بت فوروارد · March 2, 2021 at 11:47 AM

          784435 480931You created some respectable points there. I looked on the internet for the problem and found a lot of people will go along with along with your internet site. 247348

          ตู้ล่าม · March 2, 2021 at 12:12 PM

          554064 181067Thank you for your style connected with motive though this details is certain spot a new damper within the sale with tinfoil hats. 616100

          ثبت نام در بت فوروارد · March 2, 2021 at 12:36 PM

          488431 640665After study a couple of with the weblog articles for your internet site now, and that i actually like your method of blogging. I bookmarked it to my bookmark web site list and are checking back soon. Pls consider my internet website too and inform me what you consider. 198461

          sa gaming · March 6, 2021 at 4:23 PM

          712036 724939hello, your internet site is really excellent. We do appreciate your give good outcomes 349007

          crabs for sale near me · March 15, 2021 at 9:55 AM

          607590 567508Aw, this was a really nice post. In thought I want to put in writing like this moreover ?taking time and actual effort to make a extremely good article?nevertheless what can I say?I procrastinate alot and undoubtedly not appear to get one thing done. 720984

          Xhamsterlive · March 19, 2021 at 5:24 AM

          162331 700688Your weblog is among the much better blogs Ive came across in months. Thank you for your posts and all the greatest along with your work and weblog. Searching forward to reading new entries! 351514

          faradaywest.com.au/ · April 26, 2021 at 4:21 PM

          351337 463300 You created some decent points there. I looked on the internet for the issue and discovered most individuals will go along with together with your site. 598377

          idnplay · May 14, 2021 at 4:36 PM

          314435 605786What a lovely weblog. Ill surely be back once again. Please preserve writing! 113277

          porn tape · May 23, 2021 at 8:33 AM

          703175 749224That being said by use it all, planet is genuinely restored slightly a lot more. This situation in addition will this particular Skin tightening and starting to be moved and into the mood of these producing activities. every day deal livingsocial discount baltimore washington 558219

          check out the post right here · May 29, 2021 at 3:39 PM

          378555 27211Youd outstanding guidelines there. I did a search about the field and identified that really likely the majority will agree together with your internet page. 622654

          revs check qld · May 30, 2021 at 7:27 PM

          612487 32574A person essentially lend a hand to make significantly articles I may state. That is the really initial time I frequented your internet site page and up to now? I amazed with the research you created to create this particular publish incredible. Excellent activity! 783003

          Winchester Gun Store · June 3, 2021 at 8:16 AM

          356494 80440I love the look of your site. I lately built mine and I was searching for some tips for my site and you gave me some. May possibly I ask you whether you developed the web site by youself? 714058

          W88casino · June 15, 2021 at 2:05 AM

          745061 668035This web-site is really a walk-through rather than the info you desired concerning this and didnt know who to inquire about. Glimpse here, and youll totally discover it. 720254

          Buy Smith And Wesson 9mm Online · July 6, 2021 at 6:04 AM

          625188 290344Howdy! Would you mind if I share your weblog with my twitter group? Theres plenty of men and women that I feel would really enjoy your content. Please let me know. Thanks 170001

          rent scooters in honolulu · August 4, 2021 at 11:30 AM

          757110 458402Right after study several of the blog articles for your internet web site now, and i also genuinely such as your strategy for blogging. I bookmarked it to my bookmark internet website list and are checking back soon. Pls take a look at my internet page in addition and tell me what you believe. 576217

          Bilskrotning Göteborg · August 8, 2021 at 12:01 PM

          953077 511092I agree with your points , great post. 598067

          azithromycin 500 mg tablet brand name · August 14, 2021 at 5:11 AM

          It is truly a nice and helpful piece of info. I’m glad that
          you shared this helpful info with us. Please stay us
          up to date like this. Thank you for sharing. http://herreramedical.org/azithromycin

          hydroxychloroquine south dakota trial · August 15, 2021 at 7:26 PM

          I love your blog.. very nice colors & theme.
          Did you make this website yourself or did you hire someone
          to do it for you? Plz answer back as I’m looking to create my own blog
          and would like to find out where u got this from.

          cheers http://hydroxychloroquined.online/

          exercise · August 17, 2021 at 5:15 AM

          955252 926409Quite intriguing info !Perfect just what I was searching for! 569150

          prednisone 20 mg for inflammation · August 20, 2021 at 6:16 PM

          It’s going to be finish of mine day, however before ending I am reading
          this impressive piece of writing to improve my knowledge. https://buszcentrum.com/deltasone.htm

          vidalista dosage options · August 22, 2021 at 5:35 PM

          I am now not certain where you are getting your info,
          however good topic. I must spend some time
          finding out much more or understanding more. Thanks for excellent information I was looking for this information for my mission. http://herreramedical.org/vidalista

          Antinalysis · August 27, 2021 at 8:41 PM

          163937 659647Some truly quality blog posts on this web site, saved to fav. 749258

          blockchain explorer · August 27, 2021 at 10:58 PM

          965555 614253Awesome write-up , Im going to spend more time researching this topic 479560

          priligy 60mg for sale us · August 28, 2021 at 5:32 AM

          Hi, I check your blog regularly. Your humoristic style
          is witty, keep up the good work! http://www.deinformedvoters.org/dapoxetine-60mg

          Benjamin · August 31, 2021 at 6:41 AM

          I loved as much as you’ll receive carried out right here.
          The sketch is attractive, your authored material stylish.
          nonetheless, you command get got an shakiness over that you wish be delivering the following.
          unwell unquestionably come further formerly again since exactly the same
          nearly a lot often inside case you shield this hike.

          article spinner · September 2, 2021 at 3:31 PM

          137171 693769have to do very first? Most entrepreneurs are so overwhelmed with their online business plans that 976504

          canadian tadalafil · September 4, 2021 at 10:29 AM

          It’s nearly impossible to find educated people on this
          subject, but you seem like you know what you’re talking about!

          Thanks http://www.deinformedvoters.org/cialis-usa

          Uk cheese strain · September 9, 2021 at 4:52 PM

          117308 28726I like this post, enjoyed this one regards for posting . 391420

          cialis best price · September 9, 2021 at 8:22 PM

          It’s remarkable to visit this web page and reading the views of
          all colleagues regarding this article, while I am also zealous
          of getting experience. https://tadalafili.com/

          Technelo · September 15, 2021 at 1:25 PM

          59677 773170Yay google is my world beater aided me to discover this outstanding internet internet site ! . 742896

          Christiane Wilson · September 16, 2021 at 5:39 AM

          chloromycetin danocrine eriacta

          hydroxychloroquine phosphate · September 19, 2021 at 2:01 PM

          What a material of un-ambiguity and preserveness of precious knowledge
          about unexpected feelings. https://hhydroxychloroquine.com/

          paypound · September 22, 2021 at 3:28 PM

          135534 29054I as properly believe thence , perfectly pent post! . 921574

          metronidazole topical cream 0.75% cost · September 24, 2021 at 10:10 AM

          Hi there! This post could not be written any better! Looking at this article reminds me of my previous roommate!
          He continually kept talking about this. I most certainly will forward
          this article to him. Pretty sure he’ll have a good read. Many thanks for sharing! http://antiibioticsland.com/Flagyl_ER.htm

          1:Online Marijuana Dispensary 2: Buy Weed Online 3: Buy Marijuana strains online 4: TKO Carts 5: Cannabis Extracts for sale · September 26, 2021 at 10:38 PM

          952612 74887I like the way you conduct your posts. Hmm 765499

          Mildred Wolfe · September 27, 2021 at 9:58 AM

          viagra cleocin buspar

          William Merritt · September 27, 2021 at 10:24 PM

          ovral inderal sildigra

          cialis overnight shipping · October 9, 2021 at 1:15 PM

          Hi I am so glad I found your web site, I really found you by mistake, while I was looking on Bing
          for something else, Regardless I am here now
          and would just like to say thank you for a marvelous post and
          a all round entertaining blog (I also love the theme/design), I
          don’t have time to read through it all at the minute but I have saved it
          and also included your RSS feeds, so when I have time I
          will be back to read much more, Please do keep up the
          fantastic b. http://ciaalis2u.com/

          cialis 20mg reviews by men · October 14, 2021 at 4:32 PM

          Definitely consider that which you said. Your favorite justification seemed to be on the web the simplest thing
          to keep in mind of. I say to you, I certainly get annoyed at the same time
          as folks consider issues that they just don’t realize about.

          You managed to hit the nail upon the top as smartly as outlined out the entire thing with no need side effect
          , other folks can take a signal. Will likely be again to get more.

          Thank you http://herreramedical.org/cialis

          ivermectin toxicity · October 14, 2021 at 7:20 PM

          When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three e-mails
          with the same comment. Is there any way you can remove me from
          that service? Thanks! http://harmonyhomesltd.com/Ivermectinum-side-effects.html

          hydroxychloroquine for sale amazon · October 15, 2021 at 12:34 AM

          I think the admin of this website is in fact working hard in favor of his site,
          since here every data is quality based material. http://herreramedical.org/hydroxychloroquine

          Carmine Simmons · October 15, 2021 at 6:08 PM

          ceclor geodon priligy

          5 mg tadalafil cost walgreens · October 16, 2021 at 4:21 AM

          Hi, yup this piece of writing is really pleasant and
          I have learned lot of things from it regarding blogging. thanks. http://herreramedical.org/tadalafil

          The Next Best Investment Frontier? · October 23, 2021 at 3:11 PM

          398105 280542You got a very amazing website, Sword lily I observed it by means of yahoo. 581371

          albuterol dosage · October 26, 2021 at 10:48 AM

          My brother suggested I might like this web
          site. He was totally right. This post actually made my day.

          You cann’t imagine just how much time I had spent for this info!
          Thanks! http://herreramedical.org/albuterol

          difference between aurogra and tadalafil · October 27, 2021 at 3:12 AM

          Thank you for the good writeup. It in fact was once a amusement account it.
          Glance complex to far added agreeable from you! By the way,
          how can we keep up a correspondence? http://herreramedical.org/aurogra

          buy roxicodone online · November 2, 2021 at 4:45 PM

          615037 527623This post contains great original thinking. The informational content here proves that things arent so black and white. I feel smarter from just reading this. 789787

          sildenafil pharmacy · November 5, 2021 at 4:23 PM

          Really when someone doesn’t know then its up to
          other viewers that they will assist, so here it takes place. http://droga5.net/

          https://www.yamatocosmos.com · November 6, 2021 at 2:07 PM

          Best view i have ever seen !

          pinworm treatment ivermectin · November 6, 2021 at 4:03 PM

          Definitely believe that which you stated. Your favorite reason appeared to be on the
          internet the simplest thing to be aware of. I say to you, I
          certainly get irked while people consider worries that they plainly don’t know about.

          You managed to hit the nail upon the top and also defined out the whole thing without
          having side-effects , people could take a signal. Will probably be back
          to get more. Thanks http://harmonyhomesltd.com/Ivermectinum-overdose.html

          brand viagra price · November 13, 2021 at 2:03 AM

          This article will help the internet viewers for setting up new weblog or even a weblog
          from start to end. https://prescriptiondrugswithoutdoctorapproval.com/sildenafil/

          seller leads for real estate · November 18, 2021 at 4:15 PM

          472265 850702extremely good post, i undoubtedly enjoy this incredible site, persist in it 280426

          MarioCox · November 26, 2021 at 10:52 PM

          online gambling california online casinos for us players with no dep bonus casino internet promotion online casino games slot machines online casinos that offer a high real online casinos for ipad

          Homepage · December 5, 2020 at 3:54 PM

          … [Trackback]

          […] There you will find 6372 more Infos: meandmypf.com/8-ways-to-make-your-financial-data-more-secure/ […]

          much does cialis cost without insurance · April 28, 2021 at 8:45 AM

          much does cialis cost without insurance

          SPA

          safe buy cialis · May 3, 2021 at 2:57 AM

          safe buy cialis

          USA delivery

          men viagra · June 11, 2021 at 1:16 AM

          men viagra

          men viagra

          define cialis · June 13, 2021 at 2:57 AM

          define cialis

          define cialis

          what is viagra · June 13, 2021 at 8:32 AM

          what is viagra

          what is viagra

          cialis cost 20mg · June 14, 2021 at 10:50 PM

          cialis cost 20mg

          cialis cost 20mg

          roman viagra · June 15, 2021 at 7:19 AM

          roman viagra

          roman viagra

          clonidine hcl 1 mg · June 26, 2021 at 7:31 AM

          clonidine hcl 1 mg

          clonidine hcl 1 mg

          finasteride cost · June 26, 2021 at 1:58 PM

          finasteride cost

          finasteride cost

          coreg cr · June 26, 2021 at 4:20 PM

          coreg cr

          coreg cr

          cialis strength · June 28, 2021 at 6:27 AM

          cialis strength

          cialis strength

          cialis 2019 · July 5, 2021 at 10:25 AM

          cialis 2019

          cialis 2019

          cialis cost without insurance · July 5, 2021 at 12:27 PM

          cialis cost without insurance

          cialis cost without insurance

          fucking on viagra · July 7, 2021 at 12:31 PM

          fucking on viagra

          fucking on viagra

          cialis super active plus · July 10, 2021 at 3:01 PM

          cialis super active plus

          cialis super active plus

          cheapest viagra 100mg · July 12, 2021 at 10:22 PM

          cheapest viagra 100mg

          cheapest viagra 100mg

          sildenafil medication · July 13, 2021 at 12:02 PM

          sildenafil medication

          sildenafil medication

          vardenafil cost · July 15, 2021 at 1:09 AM

          vardenafil cost

          vardenafil cost

          cialis name brand · July 23, 2021 at 11:50 AM

          cialis name brand

          cialis name brand

          tadalafil 5mg generic · July 26, 2021 at 12:56 AM

          tadalafil 5mg generic

          tadalafil 5mg generic

          sildenafil mexico · July 26, 2021 at 2:51 PM

          sildenafil mexico

          sildenafil mexico

          vogelsang persten acyclovir · August 9, 2021 at 8:08 AM

          vogelsang persten acyclovir

          8 Ways To Make Your Financial Data More Secure – Me and My PF

          chloroquine use in florida · September 1, 2021 at 8:17 AM

          chloroquine trials update

          herself nociceptors recall

          ivermectin for heartworm treatment · September 27, 2021 at 6:21 PM

          ivermectin and pinworms

          negotiation hemorrhage bread

          ivermectin dosage humans · October 5, 2021 at 12:07 AM

          uses of ivermectin

          necessary ossification spot

          warnings for ivermectin · October 5, 2021 at 10:58 AM

          what is in ivermectin

          emergency achlorhydria odd

          stromectol and head lice parasite · October 7, 2021 at 9:11 PM

          stromectol 875 treat parasite infestations 125

          golf learned insomnia phone

          Leave a Reply

          Your email address will not be published.