So because any single financial institution is potentially vulnerable to being hacked, you’re saying you might as well put all of the passwords for all of your financial institutions in one place that you heard was a reliable company. And furthermore, because you don’t trust yourself to secure your own computer properly, you’re willing to hand over all those passwords to a third party outfit that will put it in the big Internet cloud where it’s accessible to millions of hackers 24 hours a day, seven days a week.
Folks, if you don’t feel confident about securing your own computer (and I can understand that), ask around and hire a local pro to come in and secure it for you. They should have the tools to test your system for vulnerabilities and correct them. Change the administrator’s password for them to use while they work on your system and then reset it after they’re done. You should not have any passwords or sensitive information sitting in the clear on your computer.
Never use the built in Windows “Remember Me” feature to save login information for your banks. Instead get a password saver that will keep them in an AES encrypted database on your computer.
RoboForm is probably the most popular program for doing this. If you use a system like this, be sure to use a strong and unique password for the database itself. Wheter your system is hacked or stolen, your passwords are locked in an encrypted database that can’t be compromised.
If you make on-line purchases, get a Bank of America credit card and use their ShopSafe system. You just enter the amount of the purchase and it generates a unique card number that is good for one time only. It is useless to anyone else that gets a hold of it later. The charges will appear on your statement as though you had used the fixed number. There may be other banks that offer a similar system, but I’m not aware of any.
Don’t lean into the punch and don’t trust all your passwords to a third party. However, if you’ve encrypted all of it on your computer, you can use a third party system to back up your files on-line because the files are useless to anyone that hacks into them.