Goldenschild ยป Trading security

Trading Security

The Internet has significantly transformed global communications, allowing the whole world to exchange information at lightning speeds.  At the same time, this “openness” of the Internet has created a huge problem.  Anyone now has the ability to access this vast network.  However, not everyone has good intentions.  Some even have criminal intent.  Malicious software and viruses are floating around abundantly throughout the Internet searching for its next victim.

To avoid becoming victims of these malicious viruses and criminal actions, it is wise to examine and evaluate your current level of security of your PC and networks.  Here are some recommendations to strengthen your security:

Install a Firewall On Each of Your Computers

Even if you have a hardware firewall installed on the network, you should also install a firewall software on your PC to block active connections on your PC from malicious software or backdoor programs.  Although the hardware firewall can be set to block some or all packets passing through Port "500" for example, it cannot know which application has started the TCP / IP communication on your system.  A software firewall will be able to ask you to let some communications on a certain port to pass or not.

Do Not Underestimate Anti virus

If you are not using an anti virus software right now, it is highly recommended that you immediately install an anti virus software on your PC as soon as you can.  Using a computer connected to the Internet without an anti virus software is irresponsible and dangerous, given the high number of viruses that can attack your PC's operating system.  Even if you are confident that your PC may be free of viruses, there is still the possibility that it might already be the victim of a virus that implements an infection technique that is not common. If your computer is infected, it is likely to infect other computers connected to your home or office network.  Address books and e-mails may also be infected.

Protecting Passwords

Essentially, all online services, including banking, brokerage and online e-mail services, require the use of a password.  A secure password is the first line of defense against cyber criminals.  Use different passwords for each account you may have.  Changing the passwords periodically is also advised.

Always Apply Patches and Updates to the Operating System and Browser

Downloading and applying updates on a regular basis will patch up holes and errors discovered in your PC and the browsers that you use.

Backup

Make hard copies of your files.  For example, make copies of important files and documents and burn them on DVDs in case they are lost or damaged or if your computer breaks down or is stolen.  Backing up your files once a week is recommended.

Go Offline When You Are Finished Browsing or Trading

Your computer is more vulnerable when connected to the Internet.  If you do not have a valid reason to stay online, it is advised that you disconnect your PC from the network.

Following these simple tips will increase the security of your personal data and that of your PC, which will ensure maximum reliability for your trading activity.