Make sure you use a password on your phone and consider signing up for your provider's lost phone program. The FTC recommends using at least a six-digit password. Your account passwords should be a combination of letters, numbers, and symbols and don't use the same password in more than one place. Know that public Wi-Fi spots are often unsecure. Only use secure networks and encrypted websites if you're submitting personal information. If you manage your money online whether to manage your spending plan and pay bills or to invest your money, be sure to research any applications or platforms you're considering and make sure you understand the capabilities, security, and any associated fees.

This is adds another step to your sign-in process for additional security. One example is receiving a text message or email with an authorization code, that is only valid for a short period of time. Consider adding this to accounts related to sensitive financial information.

Do research to ensure that you understand any major purchases you're making online. When using mobile payment apps (such as Venmo, Cash App or Zelle), double check that you are sending the correct amount to the correct person and only send money to people you know.