K is for the Key to Protecting Your Social Security

K is for the Key to Protecting Your Social Security

K is for the Key to Protecting Your Social Security

As tax season is fast approaching, the IRS and other tax experts are warning about the best ways to keep your Social Security cyber-secure. They key to protecting your social security is a multi-factor authentication system. Not only is this recommended, but for tax professionals, it is now a federal requirement to protect their clients.

What is multi-factor authentication?

Multi-factor authentication is a cyber security practice that uses two or more forms of protection in order to access an account. These forms tend to add an extra layer of protection beyond a simple password, although that is often the first step. Smartphone users can use fingerprint or facial recognition to use financial apps safely. Getting sent a PIN or other code to your phone or another account is also a popular method.

Best Practices for Secure Use

If you are a tax or financial professional, you need to set up multi-factor authentication for all your online platforms in order to protect your clients and your business. If you are simply just doing your taxes, you should set up multi-factor immediately if you haven’t already. And set it up immediately when you open new accounts. Regularly changing passwords is also an important step to staying cybersecure.

They key to protecting your social security is to use multi-factor authentication along with other cybersecurity measures. Being safe when dealing with your finances is of the utmost importance. Don’t wait to take the necessary steps for your safety.

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