Steps to avoid or mitigate a data breach

We rely on internet data for everything, from making online payments to filling out important legal documents. However, the luxury and speed of online data has also left it vulnerable to attacks. It’s estimated that more than 111 million Americans are exposed to data breaches each year either through their own doing, or through a trusted third-party like a major retailer, subscription service, or other online platform.

If you have been notified of a data breach, or are suspicious that your data could have been hacked, take these steps to navigate your situation and get you back on track.

If you’re at risk, know what’s happening

Before you can decide how to act on the breach, you first should understand what data is at risk. A data breach from one vendor doesn’t necessarily mean that all of your data has been stolen. In some breaches, only email and name info is at risk, while in others it could be your credit cards, social security number, or other valuable information.

If your data was involved in a breach, you’ve likely received an update from the company affected. Make sure to read the communication so you clearly understand what data is at risk and any future implications. You can also set up news alerts to regularly check for updates regarding the situation. 

Backup your data

While your personal data and files may be safe, it can still be a good idea to backup your data on an external hard drive or cloud storage device. This can help give you peace of mind that your information is safe.

Enhance your security

A good first step is to enhance your personal security through two-factor authentication (2FA). 2FA in the form of text messages or authentication apps can add an additional layer of security, and likely reduce the risk of someone accessing your accounts, even if they have your account password. It can be best to enable 2FA on all of your accounts, not just the account which had the data breach.

Use strong password hygiene

Your online passwords should be complex and include letters, numbers, and special characters. The longer the password, the more secure. But if you believe an account is already at risk, immediately change its password to thwart and attack before it happens. You could also consider a password manager to securely store your passwords in one place. Using these services can make it easier to manage your account information across financial and personal websites.

Update your software

Software and operating systems regularly provide updates to patch security vulnerabilities. If you’ve been putting off these updates, now is an important time to click that “”Update now” button. These updates can provide you more protection, especially during a vulnerable time.

Prioritize financial accounts

What do hackers want most? Your money. So pay close attention to your bank and other financial accounts, which could be the most at risk. If you see any suspicious activity make sure to immediately report it to your bank or financial institution.

Be cautious of phishing

If a hacker has gotten ahold of your email, they may attempt a phishing attack through your email account. This is a time to be extremely careful of any emails you open. Be sure not to open any email attachments or links that are unfamiliar, and mark a suspicious email as spam in your inbox to block out these attempts.

Minimize your risk

Data breaches are no joke. So instead of hoping that you won’t be affected, get ahead of a breach and prepare yourself for anything that can happen. These tips can help you fend off potential attacks and spot potential risks, while keeping your data and financial information safe.

Take control of your data security today! Don't wait for a breach to happen - follow these proactive steps to safeguard your information, and reach out to us directly with any questions or concerns.

Visit our cyber-security resource page for more:
vectorwealth.com/cyber-security