Financial Wellness

Help Keep Your Retirement Account Cyber Secure

Most of us know the importance of securing online banking and shopping accounts. But have you made sure your retirement plan account is secure? With cyberattacks on the rise, there’s never been a better time to take a few minutes and to ensure your account is protected against cyber threats.

 

The Department of Labor has provided a list of recommendations to help secure your retirement account. Check out a sampling of the guidance below:

  • Register, set up, and routinely monitor your online account: Registering your account can prevent cybercriminals from assuming your identity, and checking your account regularly reduces the risk of fraudulent account access.
  • Use a strong and unique password: Choose a 14-character or more password that isn’t found in the dictionary and uses letters (upper and lower case) and special characters. Change your password every 120 days.
  • Keep your contact information current: Update your contact information regularly so you can be reached if there is a problem with your account. You can do so by clicking on “My Profile” on the top right hand corner of the Dashboard page.
  • Close or delete unused accounts: Be sure to close any unused accounts to minimize your vulnerability to cyber threats.
  • Avoid free Wi-Fi networks: Free Wi-Fi available at airports, hotels, or coffee shops may be convenient, but it is also convenient for cybercriminals looking to steal your information. Use your cellphone to connect or home network instead.
  • Beware of phishing attacks: Phishing messages aim to trick you into sharing personal information, such as passwords or account numbers. Never click links or open attachments that look suspicious.  

Want to Learn More?
This is just one of over 100 useful topics you can access in your Financial Wellness Center. To get started, log in to your account and select the Financial Wellness Center tab.

Newport offers a Participant Protection Guarantee. Learn more about the steps you can take to be eligible

20211025-1888225
 

Copyright © 2015-2024 Newport Group, Inc.  All rights reserved.
Unauthorized access is prohibited. This site is designed for U.S. residents only.

Newport Group, Inc. (“NGI”), an Ascensus Company, and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services.

Securities are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Other insurance products may be offered by NGI. For more information, please visit - www.ascensus.com

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, an SEC registered investment adviser and subsidiary of NGI. For more information about Newport Group Consulting and its services, please visit newportgroup.com or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or adviserinfo.sec.gov.

Newport Trust Company is a New Hampshire state-chartered trust company and wholly owned subsidiary of NGI. Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.

The views expressed herein are those of NGI and are current only through the date indicated. These views are subject to change at any time based upon market or other conditions, and NGI disclaims any responsibility to revise these materials to reflect updated views. These views may not be relied upon as investment advice and, because investment decisions for NGI are based on many factors, may not be relied upon as an indication of trading intent.