Identity theft can be expensive. It costs you not only time to fix, but money and resources too. When it comes to keeping your information secure, even the newest technology still has weaknesses, and it’s up to you to stay aware of what those weaknesses are.
Links:
Transcript:
Welcome to Money Tip Tuesday from the Making Money Personal podcast.
This tip comes from an article provided by KnowBe4 Security Awareness and training.
We’re going to explore the future of connected devices, how these devices may impact cybersecurity, and what you can do to stay safe.
New innovations in technology are being developed at a rapid rate. But new technology comes with new risks. Let's go over some examples of how technology will change in the future and ways you can stay safe.
5G Cellular Networks
You may think a cellular network is only used for cell phones, but it can also be used for GPS devices, wifi hotspots, logistics tracking, and more. 5G stands for the fifth generation of cellular networking. In short, 5G is a dramatically faster and more stable way to connect to the internet.
While this is great for connectivity, it could be a major struggle for cybersecurity. Current security monitoring methods may not be strong enough for the speed and amount of traffic created on a 5G network.
The Internet of Things
The Internet of Things, or IoT, is a network of connected devices designed to work together using an internet connection. A common example of this is the use of “smart” devices in the home. Smart devices connect and communicate with one another using your wifi network. IoT is being used and developed across a number of industries, from healthcare to logistics.
Each device within an IoT network is a potential risk. As more devices are connected to one another, an organization’s attack surface grows. Meaning, there are more targets for cybercriminals to attack and more points of entry to protect. As these networks grow, it is essential that cybersecurity measures grow with them.
Safety Tips for Now and Later
No matter what the future holds, it is always harder to fool an educated person. Follow trusted news and media outlets for the latest updates in technology and cybersecurity.
As technology changes, cybercriminals will find new ways to attack. If something doesn’t look or feel right, report it. It is better to be safe than sorry!
Maybe technology isn’t quite there yet, but you can use classic communication to outsmart cybercriminals. For example, if you receive a suspicious email, reach out to the sender by phone to verify that it’s legitimate.
If there are any other tips or topics you would like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts.
Thanks for listening to today’s Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast.
Have a great day!
Tips to Avoid Doom Spending and Safeguard Your Wallet - Money Tip Tuesday
Drive Confidently with MRC and GAP Vehicle Coverage - Money Tip Tuesday
Episode 68: Money Matters: Embracing Financial Education for Any Age
Navigating Car Purchases: The Role of Down Payments - Money Tip Tuesday
5 Financial Resources for Teens - Money Tip Tuesday
Library Cards: Your Free Pass to Entertainment and Education - Money Tip Tuesday
Embrace the Season: Strategies for Financial Renewal - Money Tip Tuesday
Strategies to Beat Surge Pricing and Save Money - Money Tip Tuesday
Episode 67: Strategies to Improve Financial Communication as a Couple
Check Your Financial Health with an Assessment - Money Tip Tuesday
Simple Ways to Save on Healthcare Costs - Money Tip Tuesday
How to Know it’s Time to Buy a New Car – Money Tip Tuesday
Try This Five Point Debt Payoff Plan - Money Tip Tuesday
Episode 66: Support a Local Nonprofit with Share 'Cuz You Care
Financial Topics Couples Should Discuss - Money Tip Tuesday
Follow This Simple Money Rule to Start Building Wealth - Money Tip Tuesday
Maximize February Car Deals with a Pre-Approval - Money Tip Tuesday
Banking in a Box: Advantages of an ITM - Money Tip Tuesday
Episode 65: Take Charge of Your Credit Score in 2024
Create your
podcast in
minutes
It is Free
The Meaningful Life with Andrew G. Marshall
The No-Frills Teacher Podcast
Heal, Survive & Thrive!
The Jordan B. Peterson Podcast
The Mel Robbins Podcast