Protecting Your Privacy

Just how safe is your private information? With over 800 million records exposed last year, you may want to protect your privacy against theft of your personal data.

By Navy Federal October 16, 2014

Reports of personal data theft are on the rise, and studies show that hackers are becoming better at stealing your private information. They've become so good, in fact, that the rise in malware-related attacks increased 27 percent from 2012 to 2013.

Since more personal information is stored on mobile devices now than ever before, your privacy has never been more at risk. Over 6 billion people have access to smartphones today, yet most don't have adequate safeguards in place. In fact, over 75 percent of people use the same username and password for most—if not all—of their various online accounts.

Because three-quarters of all online thefts occur because of weak or stolen credentials, it's important that you vary your passwords and remember to change them once every few months. Information like your birthday, maiden name and pet's name that were once private are now easily found on your various social networks, and are therefore weak choices when it comes to selecting a strong password.

In the unfortunate event that your private information has been compromised, it's important that you report it immediately. Take a look at this infographic for more on how to protect your privacy and what to do if you feel it may be at risk.

Protect Your Privacy: Identity Protection Infographic

Protect Your Privacy: Indentity Theft Infographic

This article is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.