Better.TV talks with Jennifer Braunschweiger about how to protect your money online.
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How to Protect Your Finances Online
Audra Lowe: Welcome back to Better. Hi everybody. Coming up next, how to get the wedding dress of your dreams but at a price that you can afford and we’re also going to introduce you to the sounds of time for three but first you know we blog, we tweet about pretty much about everything right. Well if you do that with your finances you could definitely be putting your money at risk so we checked in with More Magazine Feature Editor, Jen Braunschweiger about what to watch out for and how to protect yourself when it comes to online commerce in all in today’s More Talk.
So Jen we’re talking about protecting yourself, can you really protect yourself and is there really a way you can protect yourself 100% when it comes to online.
Jennifer Braunschweiger: Where people in the world still know you can’t protect yourself 100% just like you can’t protect somebody from picking your pocket. If you’re in a crowded space but the best thing you can do is have a really good password. I have really come to believe that that’s the most important thing. It should be between 10 and 14 characters. It should be a mostly random collection of numbers, letters and symbols. It should not be a word, it should not look like a word, it should not be a name, it should not look like a name.
Audra: Because that’s what actually kept getting a lot of people information stolen.
Audra: To easy to figure out.
Jennifer: That’s right a lot of people you know have their pets name with the number 0 or 1 after it and that kind of thing will get you into big trouble.
Audra: What about the antispyware protection, a lot of times you’ll see the pop pups but most people just click out of it. How important is that when you’re shopping or binding or paying online?
Jennifer: What you’re doing is protecting your computer. You’re protecting malware which is software that installs itself without your permission on your computer in order to steal information and blocking that off and yes its very important to put that on that’s how to protect your computer.
Audra: Do not ignore it, right?
Jennifer: That’s right.
Audra: You also say that you should secure your wireless network. How easy is it to do and how important is it to do or something like that?
Jennifer: That’s right, first you’re protecting your computer. Then you’re protecting your network. You should look at your wireless router and make sure it offers something called WPA2. If you have a very old router it won’t support that and you should get a new one.
Audra: Okay because that’s inviting other people to possibly steal your information?
Jennifer: What that means is someone could jump on your network and use that back door to break into your computer.
Audra: Okay. Now let’s talk about the social networking sites. They’re a lot of fun but they can also get you in a lot of trouble too. We need to pay attention to certain things in particular.
Jennifer: That’s right the most important think is that you’re giving away huge amount of information on those sites. You may reveal when your birthday is, where you were born, things about your pets, remember the passwords. All of those kinds of questions that people could use to say call your bank and pretend to be you. It’s called pretexting and using all that information that they’ve gleamed they could get out of the bank what your login information is.
Audra: Credit cards and any credit card information. You’re paying your bills online. It’s so much easier just to remember and store your information there, should you do that not do that and when you’re typing in it manually can someone pull that same information just as easily as if you had at store.
Jennifer: We’re talking about two separate things really, we’re talking where should not be storing your credit card information is on shopping sites so lets say you really liked to go to LLBean.com a lot. The site makes very easy to just store all that information. You really should not do that despite the ease of it because what could happen is someone an acquaintance, a family member could go on your computer and its alright there and they could use your accounts.
Audra: Same thing with like utility bills things like that you would pay automatically.
Jennifer: No, those are a little bit more protected. No one is going to go on to your computer and pay your— exactly so banking online is slightly different and we do really recommend that because people who bank online check their accounts 4 times more often and they catch any problem much quicker.
Audra: Wow what a good information thank you so much Jen, I appreciate it.
Jennifer: Thank you.
Audra: And if you want to get more details on protecting your self and other great future ideas including fashion for grown ups check out the April Issue of More Magazine which is on news stands now.