How to safeguard our personal and financial data??

It is unclear just how big the problem of identity theft is although studies by the financial industry shows that the crime strikes million of us consumers when they are using the internet. In today's world, most people rely on Internet to create, store and manage information. Information transmitted over the Internet is more vulnerable and risky because hackers have the ability to intercept and use that information, such as e-banking user name and password to falsely do transactions. Therefore, it is important that users take measure to protect their data from loss, damage and misuse.

Below will be some suggestion ways for you to safeguard your data:

1. Shred financial information.
To avoid identity theft via dumpster diving, shred important financial information before placing it in the trash or recycling bin. Using a cross cut shredder prevents thieves from piecing together your information. Shred such information as credit card receipts, credit card offers, bank statements, paycheck stubs, tax information, or anything that may carry tour social security numbers.

2. Use a credit card with a small limit

It's all too easy for a dishonest sales clerk to use your credit card information. If the card you use for these purchases has a low credit limit, at least thieves won't be able to rack up many bills before hitting a wall.

2. Install and update antispyware and antivirus programs

Set the virus checker to an auto update mode so that you don't have to worry about staying current. In addition to automatic virus checking, load an anti-spyware program on your computer. Spyware protection software helps you to completely clean your computer of invasive threats.

4. Review your monthly statements

Not only will reviewing your monthly statements alert you to possible fraudulent charges, you may also find legitimate charges for services that are either redundant or no longer necessary.

5. Choose your username and PIN wisely

While you want to choose something you'll remember, you don't want it to be something that a clever thief could figure out just by learning your birth date or hp number. A combination of uppercase and lowercase letters, numbers, and symbols will offer you more security.

6. Resist using free wireless connections

Do not used the wireless connection in cafes, airports and other public places to check personal information or transfer any amount of money because anyone can just easily hack your password.

7. Used encryption software
To protect information on the Internet and networks, individuals may use a variety of encryption techniques to keep data secure and private. Encryption is a process of converting readable data into unreadable characters to prevent unauthorized access.