December 4, 2020
As evidenced by many recent news stories, consumers are faced with growing threats of stolen identity, scams, or fraud when it comes to personal finances and monetary transactions. While these risks are real, there are steps you can take to protect yourself and your financial accounts.
Start with these 3 solid tips recommended by security experts to help you safeguard your personal financial assets.
Short and simple passwords are easy to remember, but longer and more complicated is better. To create a long, strong password that you’ll remember, the National Cyber Security Alliance recently recommended using sentences as passwords. Choose a sentence that is meaningful to you and at least 12 characters long. It’s okay to write down your passwords, but store the list somewhere safe, not on or near your computer.
Electronic statements have something that paper statements don’t—passwords. Recently in Baltimore, thieves stole an entire mail truck, along with all the mail contained inside. With Newrez online billing, your statements are protected by your login and password. You can always print your statements at home or save on paper and ink by electronically storing them for safekeeping.
If you’re a Newrez Customer, our Customer Service agents will ask you for information to prove you are the account owner, but we will never call your phone and ask for personal information. If someone calls and asks for your Social Security number, credit card, ATM or PIN, it is best to simply hang up. If they identify themselves as a representative from your bank or credit card company, call them back to conduct your business.