How To Protect Your Digital Money Accounts
(Digital Money World) These tips have been screened and contributed by most of DMW’s own readers, and we do have a winner of $50 sponsored by Swapgold.com , a reliable digital money exchanger.
There are some tips which are account genre related, and we’ll be show casting those security blurps when we’re talking about those accounts (example, e-Gold, Pecunix).
Change Your Password Regularly (suggested by Stjin)
From time to time, do try to change your passwords that you use for your digital money accounts. As these passwords are sensitive, try changing them monthly or bi monthly (the more frequent the better). If you have problems remembering passwords or even thinking of a new password that you will remember, get password management softwares like Roboform.
With Roboform, password management is a breeze. With a password generator that randomizes the combinations, password filling and password change is as easy as snapping your finger (unless you have problems snapping your finger too). What you really have to remember, is a master password which will allow you to use or change any of the passwords stored in this software.
And if you happen to be on the go and afraid that these passwords are sensitive, you can always opt for the thumb-drive version of Roboform, Roboform2Go. I have two of these and am endorsing this product, a happy user since 2006.
Never Use A Public PC to Login Your Digital Money Accounts (suggested by Gray Eminence)

I remembered the Diablo2 craze (when I was still a teenager, Blizzard games were awesome, and still is now), when we have online games and online accounts with characters that we built for Battlenet. My friends and I were crazy, we’ll tend to visit cyber cafes just to continue our rampage in the game, we think its okay as long as there are no running softwares that we can see on the desktop. Uh uh, not true really.
We went to this known place particularly famous for LAN/ WAN gaming. Logged on our accounts in Asia2 server in Battlenet (I still remember vividly) and had a few hours session. It’s game over when we tried accessing the accounts back home. I remember going back to confront the shop and even had a good check on their PCs, but I can’t find anything fishy.
We’re lucky its just online game accounts. (But we could sell our accounts on eBay for something, sigh)
Key loggers are extremely good in hiding in the background, and to everyone who accesses your emails/ instant messengers in public places, you’re endangering your security. Not to mention digital money accounts like Paypal, e-Gold. So NEVER ever access sensitive accounts on public terminals.
Logging Out of Accounts (suggested by Stjin)

Photo: javame
It sounds simple, just stick to it.
Ever tried accessing mail portals like Yahoo Mail or Hotmail in public access places and realize that someone else’s session is still on? Yep, they didn’t log off.
Always remember when you close your browser, the particular session with your digital money account might still be on, depending on how the website handles sessions. Clicking logging off on the particular site logs you out completely so that no one can tap the session’s information or continue to use it by just opening your browser again.
Your computer might even have malware/ trojan and when you’re unaware, a person continues your session and empties your money.
We’ll continue the next few parts which are more technical when it comes to securing your PC.
The security tip contest winner is Stjin, with a whooping suggestion of 8 tips! Congratulations!
ps. Stjin, could you kindly drop me a comment on which mode would you prefer to collect the prize money from? Web money, e-Gold or e-Bullion.
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POSTED IN: Online Security


2 opinions for How To Protect Your Digital Money Accounts
Mafia Man
Mar 3, 2008 at 1:28 pm
Keepass is also another high quality password manager, it boasts 128 bit AES encryption and is open source.
Benson
Mar 3, 2008 at 9:46 pm
I’ve heard about Keepass. Mafia, you’re using it? Have you tried Roboform before?
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