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Tips for Protecting Your Financial Information

Sometimes even the best procedures cannot prevent all instances of identity theft. However, there are critical steps you can take to safeguard your financial accounts and prevent criminals from accessing your personal information.

Some identity thieves use keystroke-logging software to capture usernames and passwords. Others "phish" for sensitive information by sending phony emails that purport to come from a legitimate financial institution but ask for information your brokerage firm would never request via email. Still others use the old-fashioned method of "dumpster-diving" to gather your discarded account statements or other records that have not been properly shredded.