Best Practices for Data Security

Nowadays, it’s extremely rare to meet someone who hasn’t encountered a cyber scam, phishing attempt, or identify fraud of some kind. Unfortunately, it’s a reality that these types of threats are omnipresent and only projected to increase. Below are some data security best practices that can provide some front-line protection.

• Establish Two-Factor Authentication: two-factor authentication on sensitive logins such as credit cards, bank accounts and investment accounts would prompt you to enter a code (received via text, phone call or email) in order to access the account.

• Update Passwords Regularly: update at least every 3-6 months. Consider using an online random password generator to ensure the strength of your passwords is intact.

• Store Passwords Securely: do not store passwords on a piece of paper, on a computer desktop or on a phone drive. If you cannot remember them, consider using a secure online password manager.

• Always Store and Send Sensitive Information Securely: send sensitive information using an encryption service or secure upload software. Also consider using identity the software to to monitor and protect your information.

• Keep Contact Information Up to Date: do not delay in updating your contact information if you address, email address or phone number changes. If your contact information is not current, it may be difficult for your financial institution to alert you of suspected fraud.

• Be Vigilant for Phishing Attacks: do not click on suspicious links or open suspicious emails or messages. If you are unsure, always proceed with caution.

As always, please reach out to your trusted advisor with any questions.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through WCG Wealth Advisors, LLC a Registered Investment Advisor. The Wealth Consulting Group and WCG Wealth Advisors, LLC are separate entities from LPL Financial.

Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

This information is not intended to be a substitute for specific individualized tax advice. We

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