When is the last time you changed your password?

In Business, Business Insurance, Cyber Liability, High Net Worth Insurance, Home Insurance by Wink Tharpe

A recent article from NBCNEWS discusses the recent breach from a Russian crime ring, where they have stolen 1.2 billion username and password combos and more than 500 million email addresses.  These numbers are staggering, which likely means you could be one of them on this list.

Given the scope, it’s a smart decision to change your passwords on your accounts immediately to limit the potential impact of the breach affecting you. Experts state that is time to take more steps to keep you protected with big data breaches more common.  They suggest the following steps to keep you better protected.

Pick a better password: one that is not hard for you to remember but not easy for others to guess. Attorney Parry Aftab suggests, picking a sentence that can be boiled down to a string of letters, numbers and symbols. Example given:  “On Jason’s fourth birthday, he ate cake!,” which might boil down to “OJ4thbh8c!”

Beef up authentication:  Places like Gmail and Twitter, offer two-step verification. This requires users that log in from a new device to enter a code that gets sent to your mobile phone linked to your account.

Password Protect:  Make sure your phone, computer and tablet are password protected.  Attorney Aftab says not to set sites to automatically log in or save passwords.

Scan your computer:  According to experts, “Malware steals much more data than that each year. If there’s malware on your personal or work devices, other password protections won’t help at all. It will just grab the updated passwords.” Be sure to install software to help scan for viruses, spyware and other issues to keep your computer safe and be sure to scan regularly.

Insurance: Another simple solution is to purchase identity theft protection that can be added to your Connecticut homeowner’s insurance policy.  For about $25.00 a year you have that added protection.  Depending on the company you can get coverage around $15,000-$25,000 which will cover expenses to get back your identity, such as lost time at work, lawyers and more.

With data breaches happening more often these days it’s better to take the necessary precautions to stay safe and protect your identity from being stolen.  Give Insurance Provider Group a call to help you with adding on identity theft protection to your homeowner’s policy and have the peace of mind that you are protected.

Protecting YOU is our Job!