Keeping Your Money Safe

Keeping your money safe. Four simple words, but it can be harder than it seems.

A primary goal but it can be challenging in an online world. It is time to get serious about keeping your money and financial transactions safe, and there are ways to do it.

Firstly, choose a strong password and change it at least twice a year. Include numbers, upper and lowercase letters, and symbols to increase the strength of your password. And if you can’t remember it, keep track of your account details and passwords offline. Meaning go old school – write it down on a piece of paper and store it somewhere safe.

Next, consider using a trusted third-party service such as PayPal when making a transaction. This can assist in keeping your payment details private. If you’re not using well known online services, ensure the site is secure (it will have a padlock at the start of the address bar) before making a transaction.

Many banks, including BankVic, allow you to control your card accessibility from the banking app on your phone. If you can’t find your card, block it using the app then unblock it when it turns up again. Much better than it being found by the wrong person who could tap away all over town.

Finally, if you get an email from your bank asking to provide details, never click on the links supplied. Links in email messages, text messages, instant messages, and pop-up ads can take you to websites that look legitimate but may not be. To visit websites, type the address yourself or use your own bookmark or favourite. If you are still unsure, pick up the phone and call the sender.

Crime Stoppers Victoria acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.

Crime Stoppers Victoria (ABN 15 006 945 151) is endorsed as a Deductible Gift Recipient. Donations of $2 or more to Crime Stoppers Victoria are tax deductible in Australia.
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