An Investor Alert recently issued by the SEC’s Office of Investor Education and Advocacy recommends the steps investors should take to safeguard their investment accounts if they are victims of identity theft or if their electronic data is hacked. While the Alert was directed primarily toward safeguarding investment accounts, many of these actions should be taken to protect credit card and bank accounts, as well.
You should always take steps to protect your personal financial information, such as Social Security numbers, bank and investment account numbers, user names and passwords. If you are the victim of identity theft, however, or you discover your personal financial data has been breached, there are a number of steps you need to take as soon as possible. Read more.
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