It used to be that criminals who wanted to access a person’s sensitive information could only do so by breaking into their home. That all changed during the digital age, when it became possible for tech-savvy criminals to access internet users’ personal information in a matter of seconds, and do so from nearly any corner of the globe.
The Identity Theft Resource Center reported there were more than 3,200 publicly reported data compromises that affected more than 350 million individuals in 2023. The 3,200 compromises indicated an increase of more than 1,400 such incidents over the year prior, which underscores the growing frequency of such actions and the need for individual users to do everything possible to safeguard their information.
In recognition of the threat posed by online hackers and scammers, the Federal Trade Commission offers the following tips consumers can follow to safeguard their personal information.
Update your software. The FTC notes that software updates contain critical fixes and protections against security threats, making this step an absolute necessity. Whether you’re using a desktop, laptop, tablet, smartphone, or another connected device, be sure to turn on automatic updates so security software is updated the moment it’s possible to do so. Updated internet browsers and mobile apps are not bulletproof, but they’re far less vulnerable than older versions.
Secure your home wi-fi network. Make sure your home wi-fi network is password protected. Without such protection, anyone with a nearby internet connection can monitor your online activity, including anything you do related to online banking and bill-paying. Periodically change the password to your wi-fi network as an added security measure. A new router with the latest built-in security features also can be a smart move if it’s been a while since you purchased your existing router.
Utilize two-factor authentication. Two-factor authentication can seem like a nuisance, but it’s much safer than simply using a password. Two-factor authentication sends a unique code via text message or email to users after they enter their login information when trying access bank accounts, utilities and other personal accounts. The FTC notes that a hacker who steals a password cannot log into an account with two-factor authentication unless he also has gained access to your email or smartphone, making this a step worth taking.
Wisely choose security questions. Some banks, financial institutions and service providers ask users to answer a handful of security questions as an added measure of security. Avoid choosing questions that hackers can easily answer for you, such as what was your high school mascot, who is your favorite sports team or even your place of birth. Such information often can be easily gleaned from social media accounts or other places where your personal information may be shared.
