In early June, it was reported that more than six million usernames and passwords were stolen from LinkedIn computers and posted to a Russian website. Barely five weeks later, Yahoo reported that 450,000 usernames and passwords were stolen from its computers and posted online by an anonymous group that claimed to have done so to spur greater security efforts. However much damage may or may not have resulted from those two incidents, it’s clear that there’s a dark side to living in a wired world. But there are great advantages too, and none of us wants to give up the conveniences that comes from managing our accounts electronically. The key is to have as many safeguards in place as possible and to practice good computer “hygiene.” We’re dedicating this issue of the Digest to inform you of the ways that Yeske Buie and Schwab work together to keep your assets safe as well as to remind you of steps you can take to protect your identity.
Schwab Security Guarantee
Schwab will cover 100% of any losses in any of your Schwab accounts due to unauthorized activity. For more information about Schwab’s Security Guarantee, click here.
Yeske Buie Security Policies
Our security policies include the following measures:
- Protecting the information on your Client Private Page® with an encrypted connection
- Ensuring any document we send via email containing personal information is password-protected
- Requiring identity verification for any transactions that are not part of an already established distribution schedule to an approved destination account
- We strongly encourage you to check your monthly statements and cross-reference them against the reports on your Client Private Page®.
- Make sure the passwords attached to your financial accounts follow these best practices:
-Employ a mixture of letters, numbers, and special characters
-Do not use actual words
-Avoid patterns that would be easy to identify such as birthdays or names of family members
- Consider employing identity theft protection such as IdentityForce. Yeske Buie clients are eligible for a discount; please contact Cristin Etheredge at Cristin@yebu.com for details.
For more helpful tips about protecting yourself from identity theft, please refer to the following article.
-The Financial Planning Team
(minus Elissa and Dave)
Mark Your Calendar – An Evening with Greg Valliere
Have you found yourself engulfed in the details for the upcoming election? Are you concerned about how you will be affected by the results? If so, please join us for an interactive discussion with political expert Greg Valliere as he discusses how the new administration can affect the economy, you, and your investments. Click here for details.
Note from Elissa and Dave – The Alaska Edition
We’ve been at the Mt. McKinley Princess lodge since Monday, having begun our stay with the traditional vigil on the back deck waiting for the elusive Mt. McKinley (aka Denali) to make an appearance. No luck on our first day, though the clouds lifted enough to reveal the base of nearby foothills. Interestingly, everyone who joined us on the deck assumed they were seeing the base of McKinley. When you have no frame of reference and the landscape near and far is obscured by clouds, it’s hard to even know where to look.
Fortunately, we awoke the next day to gloriously clear, sunny skies and the sight of Denali in all her glory. Even forty miles away, the view is breathtaking. Later in the day, we flew to the mountain and landed on a glacier. Elissa took the photo above from the copilot’s seat, showing (right to left) Denali, Hunter, and Foraker. There’s nothing like a visit to a magnificent mountain to make the many daily sources of worry fade away into the background.
We hope you’re all having a wonderful summer and we look forward to talking to you upon our return.
-Elissa and Dave