One of the best ways to secure your personal financial data, like your Social Security number and banking and credit card information, is to create a strong password. Simple and predictable passwords can be cracked by cybercriminals, and your identity can be stolen. Check out these tips to lock down your privacy:
• Create a passphrase that you can picture in your head, making it hard for cybercriminals to guess, but easy for you to remember.
• Use a different password or passphrase for each account. If necessary, consider using a password manager for multiple accounts.
• Change all factory-set passwords. Factory-set passwords are a go-to for cybercriminals. Be sure to create strong passwords for wireless devices like printers and routers.
• Use multifactor authentication. When possible, use sites with multifactor authentication. This adds another layer of protection by requiring more than just your username and password to access your account. You’ll most likely be sent a unique security code to your cell phone, which you’ll need to enter when prompted, in order to access the site.
* This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.
Tip adapted from IRS.gov