Thursday, June 19, 2008

How to safeguard our personal and financial data (Week 4)




The way to safeguard the personal information and financial data is to establish appropriate standards for the financial institutions subject to the jurisdiction relating to administrative, technical, and physical safeguards to insure the security and confidentiality of user records and information as well as take reasonable precautions to protect data in the system from any anticipated threats or hazards to the security of such records and to protect against unauthorized access to or use of such records or information which could result in substantial harm or inconvenience to the user.

If you do shop, bank or do anything else online that require the user to disclose personal information, make sure that your system is up to date with patches that you are running anti virus software and that you have a firewall turned on.


Check your banking and credit card statement for any unauthorized activity. Besides, notify your banking institution if you see anything suspicious.

Limit the download of execution software onto your personal computer because it might contain spyware or Trojan which will penetrate the computer security and access to the user personal information.

Disclose only the information that is absolutely necessary, and never give out your Social Security number.

Read watch and listen to the news everyday. There’s nary a day that goes by that some data loss or theft isn’t reported. You can never let your guard down when it comes to your personal information, but you need to be especially vigilant when you hear about vulnerability that hits close to home.

If your personal data has been put in jeopardy, contact the credit reporting agencies and put a fraud alert on your account

If your personal data and financial data is already been intrude by hacker, the user should contact the credit card companies, and let them know that the data is at risk. As a result, the bank or credit card companies will put a fraud alert on your account, or, if the user thinks there’s a good chance of your data being abused, close your old accounts and open new ones.


The user should never ever open suspicious emails from unknown people, especially the attachments however tempting it may be. It will be hazardous to your computer. Sometimes you may even get emails with attachments with subject saying "Thank you for your order and the credit card details". Most of them will be sending malicious viruses through those attachments which will destroy your computer data and information.

Apart from that, the most common way is to protect your computer with antivirus soft ware and update it regularly. With the updates, the anti virus can assist you in detecting the virus, Trojan and spyware which will notify to the user.

In order to safeguard the personal data and information, backing up of all your important files and store them in two sets of floppies. In case one floppy fails to open the other one would be of help.

There are more and more ways to help safeguard and improve the security from being loss of data and information. I just pick some of the ways form the internet. If you interested, you can go on the web to surf it. Hope it might be helpful to those who reading this post.^^