Originally published in the Extension Connections. (Boundary@uidaho.edu)
Here are some precautions you can take to protect your money while shopping online.
- In general, always use difficult-to-guess, unique passwords on every account.
- If you’re using shopping apps, focus only on official retailer apps found on the retailer’s website or a reputable app marketplace, which offer stronger security.
- Never provide your credit card information unless you are on a secure site, whiting “https” at the beginning of the URL and the lock symbol.
- Think about implementing two factor authentication on your accounts. Two factor authentication requires you to provide two pieces of evidence when logging into an account. It presents an extra layer of security to make it more difficult for someone who isn’t you to log into your account. (For more information, visit https://www.nist.gov/blogs/i-think-therefore-iam/back-basics-whats-multi-factor-authentication-and-why-should-i-care.
- Monitor credit card bills and bank statements as well as app and other online transactions for unauthorized purchases or withdrawals. Immediately contact your bank if you see anything suspicious. In addition, you may want to consider signing up for alert services. Many credit card issuers, banks, and mobile app providers offer services that notify you about certain activities such as recent logins from unrecognized devices.
For more help or information, go to www.fdic.gov or call the FDIC toll-free at 1-877-275-3342.