3 tips to protect yourself from financial fraud

While our world becomes more connected and more business and transactions are conducted online, this means that that our personal financial information is more vulnerable than ever. Every time you use your credit or debit card at a store or on a website, you are vulnerable to hackers.

The good news, however, is that there are plenty of ways to keep yourself safe in these situations. As long as you follow a few simple guidelines, you will be able to use your credit card knowing that people will not be able to break into and abuse your bank account.

Here are a some tips to help you out:

  • Be on the lookout for phishing scams: Hackers will frequently send emails or other types of electronic communication that will ask for personal information in an attempt to access your accounts. Be sure to look for those suspicious actions and delete anything you find right away.
  • Change your passwords regularly: One of the best ways to protect your information is by making it more difficult for people to guess your password and gain access to your bank account. While you don't need to change the password all the time, doing so every two months or so will keep you safe.
  • Check your account daily: Even if you haven't used your credit card on a certain day, you should still check your balances to ensure that nothing has been spent by somebody else.

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