As with all web-based accounts, investors should take precautions to help ensure that their online investment accounts remain secure. These online security tips can help:
- Pick a “strong” password, keep it secure, and change it regularly.
- Use two-step verification or “two-factor” authentication, if available.
- Add biometric safeguards, if available.
- Use different passwords for different online accounts (i.e., brokerage, banking, retirement, or other similar financial accounts).
- Avoid using public computers to access your online investment accounts.
- Use caution with Wi-Fi connections.
- Regularly check your account statements and trade confirmations.
If you have a mobile device that is linked to your online investment accounts, consider the following tips:
- Secure your mobile devices.
- Turn off automatic Wi-Fi settings.
- Enable remote location and device wiping apps.
- Install anti-virus or anti-malware protection.
- Automate your mobile device’s software updates.
- Check your privacy settings.
Read the SEC’s full Investor Bulletin on protecting your online investment accounts from fraud. Get more information about saving and investing at Investor.gov, the SEC’s website for individual investors. Members of the military can also find additional resources at the Investor.gov Military page.
The SEC’s Office of Investor Education and Advocacy is providing this information as a service to investors. This is not a statement of official SEC policy or a legal interpretation. If you have questions about the meaning or application of a particular law or rule, please consult with a lawyer who specializes in securities law.
