FINRA recently released a new Investor Alert to help investors keep their
accounts secure and protect their financial information. The goal of an
Investor Alert is to provide investors with information to safeguard themselves
and assets from fraudulent schemes and broker misconduct.
At Meyer Wilson, we encourage everyone to utilize these tips to keep your
brokerage accounts and your personal and financial information safe. We
have provided some of FINRA’s most useful tips below.
When creating your accounts, make sure that you have strong and unpredictable
pins or passwords. Often, the easiest accounts for people to get into
involve birthdays, names, and similar information. Use something longer
or more intricate while changing capitalization and number sequence. This
goes for your own computer’s login as well.
Personal Computer Use and Logging Out
It is recommended to always use your personal computer when accessing any
accounts that may have your personal or financial information. Using a
public computer on a public network may leave your passwords, pins, and
more vulnerable. Even when you are using your personal computer, you want
to make sure that when you are done using your account, you log out completely
and the windows are closed.
WiFi Networks and Secure Websites
Open WiFi networks and unsecure websites may leave you open to potential
theft. Some individuals know how to use unsecured network connections
to gather information input from various devices. Furthermore, when you
are on an unsecure website, the information you type in (such as login,
passwords, or financial information) may be vulnerable.
Whether you are downloading apps on your mobile device or new programs
on your personal computer, make sure they are safe and secure. Make sure
that downloads are from trustworthy sources and check to see if there
have been any reports of scam online. It is important because submitting
your information into an unsecure app or program can leave you open to
theft or fraud.
If you have been a victim of identity theft or your financial information
was compromised due to fraud, call our securities fraud attorneys. We
may be able to help you. Schedule your
free consultation today.