• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Hawaii Weekly

Hawaii Weekly

News

  • Home
  • About
  • Business
  • Fitness
  • News
  • Tips
  • Travel
  • Contact

Protecting Your Finances Online

January 20, 2022 by Anton Leave a Comment

The internet has made it easier for people to transfer and store their money online. However, it can also be a dangerous place, as there are many ways in which cybercriminals can steal your money. Especially with Covid-19 related scams.

That said, there are also some solid ways in which you can protect your finances online.

Let’s have a look at a few of them.

Keep in mind, they might seem simple to implement, but they can definitely protect you in the long run.

After all, simple common sense can usually prevent most unwanted things.

Use strong passwords and change them often

Passwords are one of the most important parts of our online security. They are the first line of defence against hackers and cyber criminals.

Passwords should be long, complex, and unique to each account. They should also be changed on a regular basis.

The best way to create a strong password is to use a combination of numbers, letters, and symbols. It is also advisable to use different passwords for different accounts. So that if one account gets hacked, the others will not be affected.

Two-factor authentication

Two factor authentication is the most advanced form of security for your online money account. It requires two different pieces of information to log in. Your password, and your phone. Which means even if someone has your password, they won’t be able to log in unless they also have access to your phone.

Hence the name, Two-Factor.

This authentication service is a security measure that requires two different forms of identification before logging into an account. The first form of identification is usually a password or PIN number, while the second form of ID can be a code sent via text message or generated by an app on the user’s smartphone. So if someone has your password, they won’t be able to log in unless they also have full access to your phone.

This service is now very common and can be found on multiple phones and online banking services.

Contact your bank immediately to enroll in one. As it’s probably free.

Protect your data with encryption software

The use of encryption software has been around for a long time. It is a method of protecting information by transforming it into an unreadable format. Encryption software is used to protect data from unauthorized access, and is most commonly used in the field of computer security.

This type of software is also used in the field of online banking, and can be applied to any type of data, including passwords, credit card numbers, payday loan lending services, and other sensitive information.

The process of encrypting data involves taking a message or file and scrambling it, so that it cannot be read without a secret key or password.

Encryption software can be installed on a computer or mobile device and it will encrypt the data stored on the device.

The benefits of encryption software are many, but the most important ones are:

– The data stored on a computer or mobile device will be protected from unauthorized access.

– The transfer of information between devices can also be encrypted, which means that if someone steals your phone, they won’t have access to your information even though they have physical possession of it.

– Encryption software can also protect sensitive information from being accessed by third parties, when you’re using public wifi networks

Keep up to date with the latest security updates

Security is a top priority for technology companies, and it should be for you too. It’s your responsibility to keep your devices safe and secure.

But how do you stay on top of the latest security updates?

It can be difficult to keep up with all the latest news.

The best way to check for software updates is to turn on the auto-update feature on your computer or phone. You can also manually check for the latest version but if you can automate the process, even better.

Software updates are important to keep your device running smoothly and securely. You can also update your software manually, but this might take a lot of time and effort.

Protect Your Wifi

We should take note that WIFI is a form of wireless communication. This means there is always a chance of someone who may access your data.

Fortunately, there are many things we can do to protect our WIFI.

So the first and foremost thing to do is to make sure that your wifi is safe and secure.

For starters, protect your wifi by simply contacting your wifi provider.

There are also some other ways that you can protect your wifi from being hacked. Such as:

– Use strong passwords and encryption

– Turn off your wifi when not in use

– Use a VPN

– Change your default password

Staying Safe Online

Although it may seem complicated, it’s actually quite simple to protect yourself online. Just make sure you use very long passwords and have the proper updates on your computer / phones.

Or whatever you use to access your money online.

With these simple things, you can stay safe without worrying about someone hacking into your bank account, etc.

 

Filed Under: Tips

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

About Us

Want to be updated on everything you need to know about Hawaii? You've come to the right place!

Aloha! My name is Anton and I'm the writer & editor of Hawaii Weekly. This is an online magazine where I deliver exciting news and even some trivialities in Hawaii. I talk about all the fun stuff to make you enjoy the best of everything in Hawaii.

I will always be thrilled to walk you through places, sports and fitness, and work and lifestyle, you name it, as long it's about our Aloha Hawaii. Read More…

Newsletter

Facebook

Hawaii Weekly

Latest Post

  • Home Makeover or Move-Out? What to Do with the Marital Home During Divorce
  • The Popularity of Online Betting Apps Among Digital Nomads: Why These Platforms Are Becoming a Global Lifestyle Staple
  • Cardboard Packaging: Types, Characteristics, Applications
  • A New Era of Low-Data, High-Fun Online Betting
  • Starting a fitness blog in five simple steps.

Connect With Us

  • Facebook
  • Instagram
  • Twitter

Latest

Home Makeover or Move-Out? What to Do with the Marital Home During Divorce

The Popularity of Online Betting Apps Among Digital Nomads: Why These Platforms Are Becoming a Global Lifestyle Staple

Footer

About Us

My name is Anton and I’m the writer & editor of this online magazine. Read More…

Latest Post

  • Home Makeover or Move-Out? What to Do with the Marital Home During Divorce
  • The Popularity of Online Betting Apps Among Digital Nomads: Why These Platforms Are Becoming a Global Lifestyle Staple
  • Cardboard Packaging: Types, Characteristics, Applications
  • A New Era of Low-Data, High-Fun Online Betting
  • Starting a fitness blog in five simple steps.

Facebook

Hawaii Weekly

Copyright © 2020 Hawaii Army Weekly.All rights reserved.