Sunday, February 1, 2009

How to safeguard our personal & financial data?

What's wrong with this picture? Nowadays, the Internet is no longer a safe place. Data is sent back and forth through various servers where the personal information and financial data are housed. Hackers have the ability to intercept and use that information, such as credit card number and expiry dates, to falsely do transactions. Protecting our personal and financial data is paramount these days.


How can we avoid the theft from website? We should take some steps to increase the internet security and decrease the data stolen probability. Below are some suggestions :

(i) Review our financial accounts regularly
Internet users should review the transaction confirmations and quarterly statements as soon as they receive and notify to the website immediately of any unauthorized activity.

(ii) Password protection
Password and other security features add layer of protection if used appropriately by viewing to the " Choosing and Protecting Passwords " and " Supplementing Passwords ". We should create password and PINs that would be hard for others to guess. People can use a combination of numbers and letters if possible.

(iii) Secure our computers
If we manage accounts online, we have to make sure that our computer has up-to-date spyware; antivirus protection program such as Symantec, Norton antivirus, AVG antivirus; and firewall software to protect ourself against viruses and worms that may steal or alter our personal and financial data.

(iv) Avoid accessing financial information in public
We should avoid to key in our personal identification data into public use computers at cyber cafe or public libraries.

(v) Safeguard our social security number
In order to protect our social security number, we should never carry the card that contain that security number with us, eg : membership card or student ID card with us. We must avoid sharing any username and password with anyone. To be more safe, we should avoid using the username or password for the financial website that use for the hobby or leisure website.

(vi) Conduct the transaction on trusted sides
People should always aware of the website they visited. The best way to protect our financial and personal data is by conducting the transaction with trusted, well known online retailers that using the reputable payment processors like Paypal or Google Checkout.





Because of the complexity of EC and network security, we should stay vigilant to protect our personal and financial information. Besides the security action that mentioned above, here is some others tips for the ways to protect our data :
security tips

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