The Securities and Exchange Commission has issued a guide for online brokers to safeguard their accounts against online identity thefts.


The Securities and Exchange Commission has issued a guide for online brokers to safeguard their accounts against online identity thefts. The guide offers tips on protecting online brokerage accounts and precautionary measures against spyware and phishing.

Susan Wyderko, the SEC’s investor education director, said, “We are concerned that many investors aren’t taking appropriate precautions when accessing their online brokerage accounts.” [Source]

The guide covers topics, such as, ‘How Online Identity Theft Can Happen’, ‘How To Protect Yourself Online’, ‘How To Know If Your Identity Has Been Stolen’ and ‘What To Do If You Run Into Trouble’.

The guide suggests basic protective measures for safeguarding. Some examples given in the guide are:
Installing firewall on the computer.
Installing anti-virus, anti-spam and anti-spyware packages.
Additional care while downloading from unknown sources.
Ignoring unknown emails asking for personal information and so on.

To read the SEC Guide, click here.

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