You are viewing a preview location.

Money

Data Thieves from Outer Space

Data Thieves from Outer Space

It was a dark and stormy night, when janet decided to log in to her email. When suddenly she recieved an email from Milky Way Mutual, Attention Earthling, urgent account action needed! Milky Way Mutual? Hmm...I don't have an account there. I do all my banking here on earth. Looks like attempted internet fraud! I'm not even going to open this. Send to Spam. Boom! Data theif failure. Meanwhile in the Depths of space...Curses! Foiled again. We'll be back!

But what is internet fraud? Internet fraud, also called data theif, happens when hackers gain access to important financial information. Fortunately, I know a thing or two about preventing it. Follow along, and I'll show you how to keep your personal data safe and sound.

Phishing. A phishing email falsely claims to be a legitimate business or individual, in an attempt to trick you into divulging passwords, credit card numbers, and bank account information. A great example of this is the email that Janey smartly sent to spam. How Janet stays safe. Ha! Phishing? I know better than to take that bait. I never open emails I don't recognize. Instead, I delete any fishy-looking emails right away or send them to my spam folder, so future attempts won't reach my inbox.

Malware! Malware is malicious software that is intended to damage, disable, or take over your computer. After it's been downloaded to the victim's computer, malware can be extremely difficult to remove. How Janet stays safe. Malware doesn't scare me. I use countermeasures like updated antivirus software, and the personal firewall that came pre-installed on my computer helps keep online thieves at bay.

Ransomware. Ransomware is a form of malware that uses a fast-acting encryption to lock you out of your computer. The theif then demands a ransom in exchange for unlocking the encryption. How Janet stays safe. Ransomware sounds awful, but I'm not worried about it. Thanks to my combination of antivirus software, pre-installed firewalls, and unique passwords, I'm ready for anything.

Always remember, when it comes to safeguarding your sensitive information, prevention is your best defense. Don't wait for thieves to strike! Follow Janet's example and start protecting your data today.

Have A Question About This Topic?

Related Content

In the Markets Now: Soft Landings and Bull Markets

In the Markets Now: Soft Landings and Bull Markets

The current bull market is set to enter its third year. What are the real risks facing investors?

How Boomers and Millennials Differ

How Boomers and Millennials Differ

The YOLO Economy is a focus on experiences over material possessions, prompting Boomers to consider a similar mindset.

Three Tax Themes for 2025

Three Tax Themes for 2025

Strategas outlines three tax themes for 2025 as President Trump looks to extend TCJA tax cuts.