Top 5 Online Safety Tips That Will Always Keep Your Information Protected
Are you contemplating making money transfers online due to safety reasons? The anomaly of finding the right ways to send money may always stay with you, but it can lessen with the right information and tips that may protect your assets forever. In this blog post, we share 5 online safety tips that will keep your information protected. But first, let’s introduce you to the idea of cybersecurity.
What is Cybersecurity?
Cybersecurity is basically a catch-all phrase encompassing technology, policies, and activities used to protect against unwanted access or misuse. People contribute to cybersecurity daily by following internet safety advice and best practices. While learning about cybersecurity and online safety, it may feel like you're drowning in a sea of technical jargon. Some of the most common terms or buzzwords for cybersecurity are; Data Breach, Malware, backups or Cloud Storage.
The internet is deeply connected with modern life. Almost every everyday action can now be done online, and nearly everyone possesses numerous devices, including computers, phones, tablets, smartwatches, smart TVs, and more. The more accounts and gadgets you have online, the easier it is for crooks to access your personal information, exploit you, and use your information to send money to their accounts.
This information might have scared you, but there’s always a solution for the breaches that lurk around your accounts.
5 Basic Online Safety Tips
It's better to start with the fundamentals of online safety. We've compiled a list of five ideas to help you assess your online behaviours and make simple adjustments to safeguard your online privacy and security.
Use Strong Passwords to Protect Your Personal Information
When establishing a new password, keep strong password criteria in mind. Change your passwords frequently, and don't give out your passwords to anyone. Use unique, difficult-to-guess passwords while ensuring that passwords and password clues are securely saved. Passwords can be saved in an encrypted file on your computer, or another method can be used.
Personal information should be kept private.
Read the terms and conditions before signing up for anything online. Never submit your financial details on an insecure website. In the browser address bar, look for the padlock or "https://" prefix. If you suspect your credit card information is being misused online, disable your card from your phone's settings panel or log in to your account on a laptop. This way, you can detect if someone is making global money transfers from your account while also manually protecting it.
It's also critical to safeguard your personal information offline because it might spread online if sensitive information is stolen. Remember to protect the PIN pad when making transactions and to understand how to recognise credit card thieves at the petrol pump. Another way to secure your financial information is using a chip debit card. The chip card is more secure than the classic magnetic strip debit card because of the more advanced chip technology.
Check the Security of Your Devices
Use passwords as well as additional security measures such as fingerprint readers and face scanning technologies. According to one study, 30% of smartphone owners do not utilise passwords, screen locks, or other security measures to lock their phones. Protect all devices, including computers, phones, tablets, smartwatches, and smart TVs.
Pay Attention to Software Updates and Exercise Caution When Using Unknown WiFi
Install software updates as soon as possible, especially if they include crucial security changes. Set your devices to receive automatic updates, so you never miss one! Do not put your reliance on public wifi security. Unprotected wifi networks can cause the risk of hacking, so it is better to connect with safer and known networks. Make sure your personal wifi networks are password-protected. Remember the first tip and update your wireless password on a regular basis.
Configure Two-Factor Authentication and Backup Your Personal Data
Enable two-factor authentication to keep hackers out of your personal accounts and information. Add this extra layer of protection to your accounts to keep them safe even if someone knows your password. Back up vital personal data on external hard drives and regularly create new backups.
Two-factor configuration is also a way to complete a task most securely and actively. Two-factor authentication confirms your identity by utilising two of three factors: something you know (such as a password), something you have (such as a key), and something you are (like a fingerprint). Consider your money transfer app (knowledge factor) and password (possession factor). A password is required to get into your account and send money to your loved ones. To access the app, you need the account and the account password. This is an example of two-factor authentication since it requires both something you know (your password) and something you have (an account on the app).
Many remittance companies use two-factor configuration authentication for a safe and secure online transaction and transfer. ACE Money Transfer is one of the most secure companies with the best cybersecurity.
ACE Money Transfer offers remittance services to over 100 countries. It is an established corporation with offices in the United Kingdom, Europe, Australia, Pakistan, and Bangladesh. The Financial Conduct Authority (FCA) in the United Kingdom, AUSTRAC in Australia, and FINTRAC in Canada have all recognised and regulated ACE as an Authorized Payment Institution (API).