4 Tips on How to Keep Your Finances From Getting Hacked

How to keep your finances from getting hacked is super important to know, especially in this day and age. Internet trolls, criminals, and gangs abound on the world wide web, and all they are looking for is a weak link in the banking system to draw out as much money as they possibly can. Make no mistake: Hackers are getting increasingly clever about how they try and get their hands on your hard-earned money.

These times, with the Covid-19 pandemic and the American economy in shambles, making it more important than ever to keep your money and the information on how to get your hands on that money as secret as possible. After all, nobody really knows what the next few months are going to bring. Every little bit of money that you can save now will help you sleep that much easier in the future. So, instead of forcing yourself to worry about how safe and secure your finances are, learn all about how to keep your finances from getting hacked now.

1. Password managers can be a blessing. How to keep your finances from getting hacked starts with having super secure passwords. But of course, the main issue with these super-secure passwords is that they are also super hard to remember. Ideally, you should have different passwords for everything that you do online. Every account, registration, whatever it is should come with its own password.

The passwords themselves, on top of that, should have upper- and lower-case letters, numbers, and symbols, should not just consist of words that you can find in the dictionary… the list goes on and on. What are you supposed to do, make a list on your desk of all your passwords and where you used them? What if you cannot read your handwriting anymore at some point? Also, what if someone just comes and grabs your notes from your desk while you are not there? No, having a list of all your passwords on your desk is not really a super-safe option. But what about an incredibly well-secured digital list of your passwords? This is where password managers come in.

There are a ton of service providers for this out there, and they work with top of the range encryption to make sure nobody will be able to crack their vaults in less than a few hundred (or even thousands of) years. If you decide to use a password manager, all you will need to do is remember one password: The password to the password manager. This one you can make super secure and complex because you only need to remember the one. For all your other logins, you can go and create extremely long and convoluted passwords, because from then on, your password manager will remember them all for you!

2. Use double authentication. Also known as two-factor authentication, this process makes sure that really only you can access your files. Ideally, use this in conjunction with your password manager, so that really nobody but you can access it. What two-factor authentication does is that it checks up on your identity before allowing you to log in anywhere. It works by sending you a code to your phone, which you will then need to use on top of your username and password to get access to your accounts. This makes it a lot harder for hackers to hack your finances because now they would not only have to know your username and hack your password manager but also get into your phone on top of all that.

3. Keep tabs on your router password. You probably heard about how often routers got hacked recently. A simple method to reduce the chances of your router getting hacked is – you guessed it – change its password regularly. Even if you really want to avoid having to log on to your router every month or two, already just changing the default password on your router will make it a lot safer. Because as long as your router uses the default password, hackers who get access to the default passwords of your router provider will immediately be able to hack into your router as well. From there, it is much easier to track whatever you send via your router – including the passwords you use for your online accounts.

4. Modify your default DNS. This might sound a bit too techy at first, but no worries: This method of keeping your finances from getting hacked is just as simple as the other three. All you need to do is go to the control panel if you are on a Windows device or the System Preferences on a Mac, and from there you can change the default DNS for things such as Google, Cloudfare, etc. By doing that, hackers will have a much harder time tracking your internet activity, which, in turn, makes it harder again to figure out your information.

When it comes to how to keep your finances from getting hacked, it is important to keep this one thing in mind: You do not need perfect, impenetrable protection. You only need better protection than the average person on the internet. Using any of these four methods, but especially using all four, you will elevate your security to a level that will mean that it is simply too much effort for hackers to bother with your data. Instead, they will latch on to someone else.