The 411 on Two-Factor Authentication

In an era in which online accounts can be cracked with sophisticated software or a hacker’s ingenuity, taking an extra step when you log in can give you miles in added protection — even when using “strong” passwords. It’s called two-factor authentication (2FA), and it requires both something you know (like a password) and something you have (like a cellphone). Once enacted, after you successfully log in to an online account, you receive a code to your phone, via text …

1 in 4 Didn’t Notice ID Theft for at Least 2 Years. Would You?

Identity theft is fast-moving. Are you asleep at the wheel? The sooner ID theft is discovered, the easier it is to repair the damage. And yet, 1 in 4 people did not know they were victims until at least two years later, according to the Identity Theft Resource Center (ITRC). That’s more than enough time to destroy your financial life and start a new one on your dime. Sixteen percent of 201 people from 39 states who contacted the ITRC in …

6 Places Never to Use a Debit Card

Credit or debit? Although both cards look the same, they offer different protections. Under federal law, if your credit card is used to make unauthorized charges after it is lost or stolen, you’re liable for only $50 – no matter the amount and with no time restrictions to report the fraud. And many issuers won’t even charge the $50 for valued customers. But with a debit card, you have just two business days to report an unauthorized loss or money transfer, or …

Smartphone Smarts During Trade-In

The typical cellphone user upgrades every 18 months. Trade-in programs like those recently announced by Apple and Walmart could spark even quicker stampedes for the latest-and-greatest models – with turned-in phones still full of personal data. “Most people consider a smartphone a communications device,” notes Adam Levin, former New Jersey Director of Consumer Affairs and founder of Identity Theft 911, a provider of identity management and breach-response services for businesses. “What many people don’t realize is that it’s a data …