With security issues top of mind for many, SAFE strives to ensure that members have the utmost confidence in us. We stand absolutely committed to protecting the security of your account and personal information. In addition to providing you with a variety of effective tools and resources to help you protect your accounts, we also have extensive internal protocols to ensure the highest security measures are upheld and dedicated teams who are always on alert to detect and address threats. Learn more about SAFE’s security commitment and tips for members.
We also bring you the latest information on security issues that may affect you. Recently, reports of a hacker group releasing billions of people’s private information onto the dark web serve as a strong reminder to be sure to take steps to avoid identify theft and keep your banking and other accounts safe and secure.
A recent LA Times article reports that a hacking organization stole information several months ago on 2.9 billion people from National Public Data that includes individual’s Social Security numbers, date of birth, address, full names, including former names. The latest update is that a member of the hacker group has released the information onto the dark web.
The information can be used by bad actors to open accounts in other people’s names, access existing accounts, and otherwise commit identity theft.
While authorities cope with the threat, there are steps that people can take right away to protect their identity and personal accounts.
Freeze Your Credit Files with the Credit Bureaus
Contact the three major credit bureaus and put a freeze on your credit files. This will stop anyone from opening new loans or accounts in your name. Of course, if you want to apply for a loan or credit card, you’ll need to lift the freeze.
Set freezes at the following links
Set Up and Use Two-Factor Authentication on Sensitive Accounts
Using two-factor authentication on your financial accounts helps keep them secure. This service connects a phone number or email address to the account, and when people log in to their accounts, they will be sent a code either to their mobile phone or email address to use to complete logging in.
For an additional layer of security, consider an authenticator app that you can use if your phone number is taken over by scammers, such as Apple Passkeys, Duo Mobile, Google Authenticator or Microsoft Authenticator.
Set Alerts on Accounts
Most financial institutions offer services that send digital alerts regarding account activity, including deposits, withdrawals, and purchases made to credit and debit cards. These alerts can help people monitor account activity in nearly real-time and quickly notice any fraudulent activity. SAFE members can learn more about setting up alerts on their accounts here.
Use Strong Passwords
Set strong and different passwords for each of your accounts and use a password vault so you don’t have to try to remember all of them. Most password vault applications have built-in strong password generators too. Use biometric options so you don’t have to remember the password and add another layer of security. For additional protection, change your passwords several times a year.
If you notice any unusual activity on your accounts, be sure to contact your financial institution using the information on your credit or debit card or other verified informational source to report it.
Learn more about protecting your identity and money
Downloadable Fraud Protection Guide
What is Smishing and How to Protect Yourself
How to Protect Yourself from Skimmers
