Protecting Your Online Assets from Fraud
01/04/2024
The New Year is a good time to review our goals from the previous year and set goals for the new one. As we consider the different areas of our life and business that need attention, security should be a regular item on this list.
In a recent online article for Farm Progress, Betty Haynes provided a review of security issues provided by Nick Sosnowski, chief financial officer at IAA Credit Union.
The New Year is a good time to review our goals from the previous year and set goals for the new one. As we consider the different areas of our life and business that need attention, security should be a regular item on this list.
In a recent online article for Farm Progress, Betty Haynes provided a review of security issues provided by Nick Sosnowski, chief financial officer at IAA Credit Union.
Nick provided five key areas to focus on in protecting our online assets from fraud.
1. Email
2. Phones
3. Social Media
4. Strong Passwords
5. Further Protection from Hackers
You can access the full article here: https://www.farmprogress.com/technology/how-to-protect-your-online-assets-from-fraud
Here’s a sampling of some of Nick’s suggestions:
- “Email is the No. 1 thing you need to lock down,” he says. “If a fraudster gets access to your email, they can do just about anything — like reset your password, sign into your online banking or even email your friends and family.”
- Use a strong password for your phone accounts and be sure to keep the device secure at all times. Be cautious about what is stored on your phone.
- Social media accounts should be set to private. Avoid social media games, quizzes, etc. Don’t accept friend requests from unknown people.
- Use strong passwords and don’t use the same password for multiple accounts. Consider using a password manager.
- Be cautious when opening e-mails that initially look legitimate yet have a link about something that is typically urgent. Don’t click the link! Avoid tests from unknown individuals asking for information.
The crooks and fraudsters are very smart and know how to get past typical security measures. Stay one step ahead of them by taking your personal online security very seriously and using Nick’s suggestions.
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This article is the opinion and perspective of the author and may or may not be consistent with those of other ASAC Members. Endorsement of specific items mentioned in the article is not an endorsement of the individual, the company or the organization from which it originates. ASAC as an organization does not advocate opinions or positions on issues.
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Don Tyler
ASAC Board Member
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