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Enhancing your online financial security through Macquarie

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By Capital Partners Capital Partners News

In today’s fast-evolving online world, the safety and security of your online accounts is paramount. We understand and prioritise these concerns. Embracing rigorous cybersecurity practices isn’t just smart – it’s a necessity. To reinforce this commitment, we’ve collaborated with Macquarie to provide you with tips to implement the most advanced measures for protecting your online account.

The first measure is to employ secure and lengthy passwords. A robust password is your first line of defence, combining letters, numbers, and symbols, steering clear of predictable sequences such as birthdates or family names. More recently, industry experts have recommended using passphrases instead of passwords on the basis that length equals strength. The longer you can make a password the more secure it will be. A great way to achieve lengthy passwords in to combine four or more words with hyphens (e.g. WordOne-WordTwo-WordThree-WordFour), creating a passphrase.

To ensure you’re on the front foot, we also recommend elevating your default security settings with Macquarie to the ‘ultimate’ level. This adjustment necessitates the use of the Macquarie Authenticator app (Two-Factor Authentication) for validating all changes, log-ins, and payments. The app is designed to only be operable on a single device – your personal phone or tablet – ensuring that only you can make transactions and access your account. Once one version of the app is installed on your device, it’s unable to be transferred to an alternative device, meaning bad actors can’t pretend to be you.

Macquarie also vigilantly monitors for any unusual sign-in locations or activities, alerting both you and our team immediately to any anomalies. This proactive monitoring adds an extra layer of vigilance to your account security.

In the unlikely event that a security breach occurs, rest assured that transactions can only be made to your pre-nominated accounts. Should there be a significant risk, such as a compromised email or stolen device, Macquarie can ‘block’ your account to safeguard your assets.

We invite you to review the following links for detailed guidance on elevating your security settings and safeguarding your financial peace of mind. As always, should you require assistance or have any inquiries, our team is always ready and eager to help.

Further details on increasing your security can be found here:

The information provided on this site is of a general nature only and may not be relevant to your particular circumstances. The circumstances of each investor are different and you should seek advice from a financial planner who can consider if these strategies and products are right for you.

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