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Protecting Your Finances: How to stay safe online

November 28th, 2024

At AXA we understand the importance of safeguarding your information from financial crime and scams. It's crucial to be aware of potential threats and to take steps to protect yourself.

Here are some essential tips to help you:

1. Stay Informed

Stay updated on the latest scams and fraud schemes. Follow reliable sources such as financial institutions, government agencies, and reputable news outlets to stay informed about potential threats.

2. Be Sceptical of Unsolicited Communication

Be cautious of unsolicited emails, phone calls, or messages requesting personal or financial information. Legitimate organizations will not ask you to provide sensitive details through these channels.

3. Verify Requests

If you receive a request for sensitive information or a financial transaction, take the time to verify the authenticity of the request. Contact the organization directly using verified contact information to confirm the request.

4. Secure Your Online Accounts

Use strong, unique passwords for your online accounts and enable two-factor authentication whenever possible. Avoid using easily guessable information like your birthday or simple passwords like "123456"

5. Protect Personal Information

Be mindful of the information you share online and on social media. Avoid sharing sensitive details such as your full birthdate, home address, or financial account numbers publicly.

6. Watch Out for Red Flags

Be wary of offers that seem too good to be true, urgent requests for money or information, and unsecured websites for financial transactions.

7. Report Suspicious Activity

If you encounter a potential scam or fraudulent activity, report it to the relevant authorities or your financial institution. By reporting such incidents, you can help prevent others from falling victim to similar schemes.

Password security

By staying informed, you can reduce the risk of becoming a victim of financial crime.

Remember, being cautious in your financial interactions can go a long way in protecting your finances and personal information. Together, we can work towards a safer and more secure financial environment.