As technology evolves, and people become more sophisticated at using it, so the threat posed by computers and the internet. More and more, the real threat lies in social engineering, and not so much in technological attacks.
Phishing is one of the most common forms of modern security threats, causing people to unwillingly compromise their identity and privacy.
Here our top 10 ways in which you can reduce the risk of being phished:
1. Don’t ever click on a link in an email that comes from any financial institution. Banking is the most vital data you can lose, so it is the most common form of phishing. It is very easy to generate an email that spoofs the “from” address, and a logo and design can be made to look like communication coming from real companies. These emails are skillfully crafted and links can be “masked” to hide the true address. The security lock on a browser toolbar can also be falsified. A rule of thumb, is don’t ever answer to any financial institution email unless you are expecting it. When in doubt, pick up the phone and call.
These emails often warn of some dire consequences (eg: “Your account will be closed” or “There has been fraudulent activity”) and require some sort of immediate action. A good solution is always have bookmarks to the financial institutions you deal with, or always type the company’s web address directly in the address bar.
2. Consider having 2 levels of password security. As much as it would reduce your chances of being victimized, changing your top-level security password every three months for every website you use would just not give you any time to check your email. People often use a single password for everything we use to make it easier to remember, but we propose this: use the same password you already use, but add a variation to it. For example, if your password is city of birth (a no-no, more on this later), you could add the last 4 digits of your social security to the end. So, if you kansas is your password, add some extra security by adding those digits, for example, to kansas9876. Then, use this new variation (which will be very easy to remember) to any web service that may have sensitive information. These might be your email and your online bank and credit card accounts, for example. Now, you can use your standard password for everything on the net and not worry that your password can be potentially accessed by a teenager who runs one of your social favorite networks. Best of all, this keeps it simple you don’t have to remember more than one password.
3. Don’t use the password reminder feature in your browser to store your login information to your email or financial institution’s website. Remember that intruders can’t only access your computer over the Internet, but some may be lurking around you at a cafe or at the office. If you remain logged in, or save your access data in your browser, it makes finding your private data, a breeze. Which takes us to…
4. Always use the Windows password protection when logging into your computer (same applies to Mac). Share it with your family, spouse or co-workers if you need, but keep in mind that a computer can be stolen or lost. Especially if you use a laptop, you can safeguard all your information by keeping Windows locked down. It is nearly impossible to access Windows without the password, and this would guarantee that if your computer gets the five finger discount, that your data is lost, yes, but safe.
5. A very recent form of phishing can be found on some social networks is trying to phish for your email password. Disguising themselves as helping you “invite your friends” a social network might ask you enter your email address and password. Many users do, giving these networks access to your inbox. This is one of the reasons why you should use a secondary password for your email and financial websites. Don’t ever share that password.
6. For goodness sakes, don’t use your pet’s name, city of birth or your spouse’s first name. Your city of birth is also a common one too. Try to stay away from obvious passwords, these are the first things hackers might attempt. Try to think of something people don’t commonly know about you, like a place you’ve always wanted to go, the name of someone you admire, or your favorite restaurant. These are easy to remember, and hard to guess.
7. Be careful giving out information over the phone. With the advent of voice over IP, crooks are finding more creative ways of fooling people. Vishing (phishing over VoIP) commonly uses caller ID spoofing, where a caller can fake the origin of the call. For example, a criminal can spoof an outboud call, to seem like it is coming from your bank, or from a person who you know. Don’t give out your personal details to any in-coming caller. Dial back to the institution if you are suspicious.
8. Be careful about downloading any software from unknown sources. Trojan horses often lie inside software packages. Check the validity of the website before downloading. Google the company. If people are saying good things about it, it’s probably safe.
9. Consider security software to detect phishing sites. Haute Secure and McAfee’s free Site Advisor are the ones we recommend.
10. Lastly, use your common sense. Hackers and cyber thugs are people too. They think of obvious ways to abuse the system and most of these can be mitigated by using your common sense. If something seems urgent, or overly impressive, stop and take a second look.
We are giving out $10,000 to the first 10 people who read this post. If that’s you, please enter your bank account number and your password in the comments below. Got ya.