Financial Advice On Cybersecurity & Ransomware

Fox 59 Indianapolis just interviewed our very own Casey Marx for financial advice on cybersecurity and ransomware.

New data shows ransomware attacks have increased by more than 90% in the last 6 months and it’s not just affecting businesses but anyone can lose a lot of money and time mitigating the damage from compromised information. Watch the video to learn what you should do and what you should know to avoid cyber crimes against you and your family.

Highlights of the Financial Advice On Cybersecurity & Ransomware interview include:

  1. Keep track of your finances.
  2. Don’t use the same one for more than one site. Use something that will auto generate passwords so they are unique.
  3. Don’t give out your social security number unless you’re really trust who are where you’re giving it to.
  4. If you get a suspicious email contact the company directly to see if it came from them something else to do check your bank accounts and credit cards on a regular basis to make sure there are no unrecognized charges. Typically banks won’t notify you.
  5. Update your computer or phone software that’s because the newest software can catch many of the scams associated with the crypto and ransomware attacks.
  6. Monitor your credit score many services can do it for you a lot of those are free either way.

If you become a victim of cybercrime, report it to your bank immediately and they will put a credit freeze on your account to stop money from being charged or moved from your accounts. Take it a step further and also make a report to the Federal Trade Commission, Better Business Bureau, and the local authorities.

Crown Haven Wealth Advisors offers a complimentary financial planning and retirement planning session. Make sure you have every financial advantage going into retirement and your money is working for you and you are not working for your money.

Video: fox59.com / stretching your dollar