Digital Bill Payment: 3 Ways to Protect Yourself from Cybercrime

April 21, 2023

Have you ever been a victim of cybercrime? Cybercrime is any crime committed on the internet, including security breaches, identity theft, cyberstalking, cyberbullying, and more. As digital bill payment rises in popularity amongst consumers, it also becomes more popular for these criminals. There are various simple ways to safeguard your private information from cybercriminal attacks. Here are three ways to protect yourself from cybercrime:

Shield Your Accounts

Although this may seem like common knowledge, many consumers fail to protect their accounts adequately. To make yourself less vulnerable tDigito cybercrime, you should always protect your accounts with strong, complex passwords and avoid repeating them. You should also set up two-factor authentication (2FA) or multifactor authentication (MFA) for added security, especially for all digital payment accounts. Some consumers go as far as to set up a separate bank account with limited funds to use only for digital payments. These steps help add friction to the process of committing digital payment crimes, resulting in fewer overall. 

 

Safeguard Your Information

When it comes to protecting your system from cybercriminal attacks, you should always keep it updated. It’s also smart to utilize a virtual private network (VPN) to secure your internet network, especially on public networks. If you have social media accounts, we recommend keeping your personal information private. You can utilize password management tools, but we advise against saving your passwords to your web browser. Protecting your system, internet network, and accounts can help you avoid cybercrime attacks.

 

Learn to Recognize Scams 

Cybercriminals try to target those who may be vulnerable to scams, but you can help yourself be less at risk by learning how to recognize them. Beware of pop-ups and scam emails that may ask you for private information, including login credentials. Many scammers will target consumers via social media networks, emails, calls, and text messages. Never respond to or click links in questionable emails or texts. Other signs of a scam include extreme urgency, weird email domains, or spelling/grammar errors. Educate yourself and your family on what scams can look like and how to avoid them.

Digital bill payment methods make consumers’ lives easier, but they do come with vulnerabilities. Luckily, there are simple steps you can take to help protect yourself from cybercrime. Using 2FA or MFA, utilizing a VPN, and learning how to recognize scams can allow you to better guard yourself against this type of crime. Contact us to learn more!

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