How to Protect Your Financial Information Online

In today's digital world, protecting your financial information online is crucial. From online banking and shopping to managing investments and paying bills, our financial lives are increasingly intertwined with the internet. This guide provides essential tips and strategies to help Native Americans safeguard their sensitive information and stay safe online.

1. Create Strong Passwords

- Unique and Complex: Use strong, unique passwords for each of your online accounts. A strong password should be at least 12 characters long and include a mix of uppercase and lowercase letters, numbers, and symbols.  

- Avoid Personal Information: Don't use easily guessable information like your birthday, name, or common words in your passwords.

- Password Manager: Consider using a password manager to generate and store strong passwords securely.

2. Enable Two-Factor Authentication (2FA)

- Extra Layer of Security: 2FA adds an extra layer of security by requiring a second form of verification, such as a code sent to your phone or email, in addition to your password.  

- Enable it Everywhere: Enable 2FA on all your financial accounts and any other online accounts that offer it.

3. Beware of Phishing Scams

- Recognize the Signs: Be cautious of emails, text messages, or phone calls that appear to be from a legitimate organization but ask for your personal or financial information.

- Don't Click on Links: Avoid clicking on links or attachments in suspicious emails or messages.

- Verify Directly: If you're unsure about a communication, contact the organization directly through a trusted channel to verify its authenticity.

4. Secure Your Home Network

- Strong Wi-Fi Password: Use a strong password for your home Wi-Fi network and enable network encryption.

- Beware of Public Wi-Fi: Avoid accessing sensitive financial information on public Wi-Fi networks, as they may not be secure.

5. Monitor Your Accounts Regularly

- Check for Suspicious Activity: Regularly review your bank statements, credit card statements, and credit reports for any unauthorized transactions or suspicious activity.

- Report Immediately: If you notice anything unusual, contact your financial institution immediately.

6. Keep Your Software Updated

- Install Updates: Keep your operating system, web browser, and security software up to date to protect against the latest security threats.

- Antivirus and Malware Protection: Install reputable antivirus and malware protection software on your devices.

7. Protect Your Mobile Devices

- Strong Passcode: Use a strong passcode or biometric authentication to secure your smartphone or tablet.

- Beware of Apps: Only download apps from trusted sources and be cautious about the permissions you grant them.