In today’s digital world, cybersecurity is more critical than ever, especially when it comes to protecting your personal financial information. At Navalign, we take cybersecurity very seriously. We understand the importance of safeguarding your assets, not just through sound financial advice, but also by ensuring that your financial data is secure. While we employ robust cybersecurity measures to protect the accounts we manage, it’s essential for you to take proactive steps to secure your personal information across all platforms.

The Importance of Personal Financial Cybersecurity

Recent events have highlighted the importance of personal financial cybersecurity due to the growing threat of cyber-attacks. With data breaches like the one involving National Public Data (NPD), putting billions of people at risk of identity theft, it is more important than ever to stay vigilant. This breach exposed highly sensitive information, including Social Security numbers, birthdates, phone numbers and addresses, emphasizing the need to protect your online identity.

Cybercriminals are constantly evolving their methods, making it more challenging to stay secure. As your trusted fiduciary financial advisors, we’re here to help you navigate these threats, but your involvement is crucial. While we can monitor and protect the financial accounts we manage, securing your credentials and other personal accounts is your responsibility.

Navalign’s Commitment to Cybersecurity

At Navalign, we’ve made significant investments in cybersecurity, ensuring that our systems and people are equipped to defend against cyber threats. Our cybersecurity program is built on the National Institute of Standards and Technology (NIST) framework and follows guidance from the Securities and Exchange Commission (SEC). These frameworks provide a comprehensive approach to managing and reducing cybersecurity risks, allowing us to maintain the highest standards of security for our clients.

We conduct ongoing staff training and regular testing to stay ahead of emerging threats. Our commitment to cybersecurity ensures that your financial data is protected with the utmost care and precision. However, even with these measures in place, it’s vital for you to take additional steps to protect yourself online.

Steps You Can Take to Protect Your Financial Information

Here are some practical steps you can take to enhance your personal cybersecurity:

1. Freeze Your Credit

Freezing your credit with the three major credit bureaus—Equifax, Experian, and TransUnion—is a powerful way to protect yourself against identity theft. This service is free and prevents anyone from opening new accounts in your name without your authorization. It’s a simple but effective way to safeguard your credit.

2. Regularly Check Your Credit Report

By law, you’re entitled to a free credit report from each of the three major credit bureaus once every 12 months. Regularly reviewing your credit report helps you spot any suspicious activity early, allowing you to take action before it escalates.

3. Monitor Your Accounts

Stay vigilant by regularly monitoring your financial accounts for any unusual activity. Many financial institutions offer alerts that can notify you of large transactions, password changes, or other activities that could indicate a breach.

4. Use Strong, Unique Passwords

Creating strong, unique passwords for each of your accounts is one of the simplest ways to protect yourself online. Avoid using easily guessable information, and never reuse passwords across multiple sites. Consider using a password manager to keep track of your passwords securely.

5. Enable Two-Factor Authentication (2FA)

Two-factor authentication adds an extra layer of security by requiring a second form of verification, such as a code sent to your phone, in addition to your password. Enable 2FA on all accounts that support it, particularly those related to your finances.

6. Be Wary of Phishing Scams

Phishing scams are designed to trick you into providing personal information, such as your login credentials. Always be cautious when clicking on links or downloading attachments in emails, especially if they seem suspicious or come from unknown sources.

Download Our Comprehensive Cybersecurity Resource Guide

For more detailed information on how to protect yourself online, we’ve created an extensive resource guide that covers best practices in personal financial cybersecurity. This guide includes actionable tips and advice to help you secure your online presence and keep your personal information safe. Download it here to take the first step towards enhancing your cybersecurity today.

Protecting Your Financial Future Together

At Navalign, your financial security is our priority. We are committed to helping you navigate the complex world of cybersecurity while ensuring that your financial future remains secure. By taking the steps outlined above, you can significantly reduce the risk of falling victim to cyber threats. Together, we can protect your assets and achieve your financial goals with confidence.

If you have any questions or need assistance with securing your financial information, please feel free to reach out to us. We’re here to help every step of the way.