Nearly three quarters of Americans have fallen victim to some type of cyber crime.1 In the past year, 4 in 10 people received a notice that their personal information had been compromised, had an account hacked and/or had a password stolen. Perhaps that’s why 8 in 10 people say they are worried about their online security.2
Fortunately, it can be easy to reduce your risk.
Passwords pose problems
Almost every login requires a password: bank accounts, shopping accounts, debit card PINs, smartphones, websites, email access, etc. Most people have more passwords than they can keep track of, so they tend to choose simple, easy-to-remember ones; however, this makes it easy for cyber thieves as well.
It doesn't take long for a hacker's computer to guess a password3
Making your password easier for you could also make it easier for hackers
If you think you’ve been hacked, change your usernames and passwords for all sites and accounts you use, especially sites which may contain financial and personal data. Contact your financial institutions to look for fraudulent activity. Many companies, including Nationwide, can monitor and set up alerts for your account activity.
Protect your retirement account by creating your own online access first.
You might think that the best way to not get hacked would be to not create an online account in the first place. But hackers can be clever, especially if the payoff could be access to your money or personal information. Using information they can gather elsewhere, they attempt to create online accounts. Your best defense is to go on offense.
Go to nationwide.com
Select “Log In or Sign Up”
Toggle “Retirement Plans”
In just minutes, you will establish a User Profile that will help reinforce the virtual firewall we’ve built to keep hackers out. To strengthen safeguards around all of the online accounts you have, consider these tips.
Look for “https” in the web address. “Https” is generally more secure than “http.” Avoid financial transactions on “http” sites.
Avoid using public wireless networks. Use caution if a public wireless network asks you for personal or credit card information. Consider whether your cell phone can serve as a wifi for your laptop or tablet.
Avoid public computers. Thieves install keystroke tracking software on library or hotel lounge computers to steal usernames and passwords.
Know your surroundings. Limit your use of financial apps when you’re where people can easily look over your shoulder and see your inputs or information.
If your username and password are entered from a device you normally don’t use to access your account, the user will be prompted to enter a code that is sent to either the mobile device or email on record. This extra-step process – called multi-factor authentication – adds protection beyond your password to significantly decrease the risk of a hacker accessing your information.
In addition to multi-factor authentication, Nationwide employs multiple layers of firewalls — special software designed to block malicious users, viruses, malware and other potential security threats.
We also use Secure Sockets Layer (SSL), a standard security technology that encrypts information sent to and from our site. SSL ensures that all personal information — including retirement account data, social security numbers, and log-in credentials — remains confidential when sent between our website and your computer.
Our security team performs daily monitoring of our computer systems, looking for security violations and unwanted intrusion. We conduct periodic IT audits of the computing environment to look for potential vulnerabilities. And we are regularly audited by third parties to ensure proper security measures are in place and working as expected.
Nationwide provides ongoing training to all associates to keep sensitive data private and protected, and that training is enhanced as we learn more about cyber-crime techniques. In-depth, role-based training is given to associates in a unique position to ensure security and privacy. We comply with all data security laws and take reasonable steps to ensure our employees do as well.
Tier 4 is the highest rating a data center can earn. Nationwide uses two centers to ensure data is available no matter when you want to access it, but also is safeguarded by the strongest security protocols available.