5 Critical Reasons to Bank on Cybersecurity

In a world where the internet has a commanding lead on where most people’s sensitive information is stored, all of us need to have countermeasures in place. That’s where cybersecurity comes in handy – with its ability to safeguard your online data and hard drive from potential hackers. In case you are not convinced that this can impact your life, continue reading for 6 critical reasons to bank on cybersecurity.

Avoiding Cyberattacks

Cyberattacks occur when a computer network or device is singled out by strategic means to infiltrate, obtain, or destroy data. These can come in the form of viruses, worms, or Trojan horses. Having the proper cybersecurity methods in place will assist you in avoiding most cyberattacks.

Preventing Identity Theft

One the most common forms of identity theft results in financial gain. Did you know that with the right information, anyone can open a credit card under your name? While you should be consistently checking your statements for any inaccuracies, setting up protection beforehand will further secure your information. Check out our 7 Safety Tips to Prevent Identity Theft to learn more.

Assessing Threats

When it comes to downloading off the internet, cybersecurity will assist you in assessing threats that you may not see coming. Phishing – someone posing as another to collect personal data – is one of the top examples for those situations. Ransomware, malware, and spyware are all difficult to identify without cybersecurity countermeasures. Important ones to utilize include:

  • Anti-spyware –finds and removes spyware that is put in place to collect your information.
  • Firewalls – blocks users without authorization from accessing your accounts.
  • Antivirus – locates and eliminates viruses planted in your computer.
  • Anti-malware – targets malicious software that has been downloaded onto a device.

Managing Risk

Improved risk management is another benefit cybersecurity provides. Simply put, there’s less chance that taking a risk will result in a life-changing cyberattack when you are prepared. Most of us spend a large portion of our times browsing the web so we shouldn’t have to live in fear. 

Building Trust

When websites or apps are also utilizing cybersecurity countermeasures, it’s a win-win situation for you. Does the site you’re using have HTTPS in front of it? Do you know who created the app you downloaded on your phone? Finding out that you’re working with a credible source can certainly ease your mind.

Bank on Central Federal

When it comes to your checking account, Central Federal has your cybersecurity needs covered. We offer safe, secure, and convenient checking to fit you! Our new Choice Checking Accounts offer CyberScout® Identity Theft Protection for those who sign up for Choice Checking or Choice Checking Plus. Visit us at www.centralfederal.com or stop in at our location in Rolla.