In times of uncertainty such as what we're experiencing with the Covid-19 outbreak, cyber-criminals look for ways to exploit the situation. There's been an increase in scams over the past few weeks that specifically target people's vulnerabilities at this time.
As a fund we work closely with our administrator and regularly engage with specialist cyber risk consultants to minimise cyber and information security risks. But you can be proactive about protecting your super as well.
Some simple steps can make a real difference and include monitoring your account balance, keeping your contact details current, reading your annual statements and when you’re still working, tracking your employer’s contributions.
Whether it's your super account or other online accounts, password hygiene is often the front line of defence against cyber-attacks. Make sure you create a strong password (include letters, numbers and symbols) and change it regularly. You should also use auto lock functions when available to keep your devices secure.
To help protect your EISS Super online account, we recently introduced multi factor authentication (where you confirm your login through your email or phone) and we’ll soon be introducing more complex passwords for your online account that contain letters, numbers and symbols.
But, one of the best ways to protect yourself is to learn how to recognise scams. A great place to start is the Australian Competition and Consumer Commission’s (ACCC) website scamwatch.gov.au where you’ll find lots of information about how to recognise, avoid and report scams.
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