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You should worry about it but I think you are worrying too much. Every time you share your personal data there is risk as you have described, but the long tail
by bitxbitxbitcoin 5y ago
You should worry about it but I think you are worrying too much.
Every time you share your personal data there is risk as you have described, but the long tail of risks can be mitigated by stuff like 2fa at your brokerage accounts, frozen credit score, etc.
No institution can protect itself from hacking -> your info is already out there all you need to do is harden your brokerage accounts.
- throwaway76312 5y agoYeah, I agree I probably worry about it too much. I use 2fa everywhere, but I always feel there are risks remaining...
- giantg2 5y agoI think some institutions offer better security options than your standard 2FA. Stuff like requiring your account to authorize trades/withdrawals over the phone with a code word, using RSA token, etc. Not sure if $10M would meet the cutoff or not. Usually these are not advertised, but are something that you could ask your institution about. Also, some institutions will guarantee your funds and make you whole as long as you didn't do anything wrong.