Cybersecurity Basics

In partnership with 307it.com

Your money is only as safe as your digital habits. In an era where banking, investing, and even tax filing happen online, cybersecurity isn't just an IT concern—it's a personal finance concern.

The Threat Landscape

• Phishing — Fraudulent emails/texts designed to steal credentials
• SIM swapping — Attackers take over your phone number to bypass 2FA
• Data breaches — Your information is already out there (assume this)
• Social engineering — Manipulating you into giving up access

Non-Negotiable Security Practices

1. Use a Password Manager

Stop reusing passwords. Use a dedicated password manager (Bitwarden, 1Password) to generate and store unique, complex passwords for every account.

2. Enable Two-Factor Authentication

SMS-based 2FA is better than nothing, but authenticator apps (Authy, Google Authenticator) or hardware keys (YubiKey) are significantly more secure.

3. Freeze Your Credit

Contact all three bureaus (Equifax, Experian, TransUnion) and freeze your credit. Unfreeze temporarily only when applying for credit.

4. Monitor Your Accounts

Set up alerts for all financial accounts. Review statements monthly. Report suspicious activity immediately.

5. Secure Your Email

Your email is the key to everything. If someone gets into your email, they can reset passwords on every account you own.

Bottom Line

Cybersecurity is personal finance. Treat it that way.