Protect yourself, and your finances, from cybercrime

April 29, 2021

​Keep your online accounts and finances safe by understanding cybersecurity and taking precautions.

​Cyberattacks, which can range from personal identity theft to breaches of national security, are one of the fastest-growing crimes in the United States and around the world. According to a report by Cybersecurity Ventures, the financial repercussions of cybercrime will reach $6 trillion globally by the end of 2021.

Protect yourself

While you cannot stop cyberattacks, it is important to understand potential threats and take precautions to keep your online accounts safe. These include:

  • using strong passwords (at least 10 letters, numbers, and symbols) and changing them regularly
  • avoiding public Wi-Fi when accessing or sharing personal and financial information
  • keeping software updated, since cybercriminals frequently use known flaws to gain system access
  • purchasing an internet security suite to guard against spyware, spam, phishing, computer worms, viruses, and other advanced malware
  • carefully managing social media account settings and exercising caution when sharing information online
  • educating children and the elderly in detecting and avoiding scams and other harmful online activities

Safeguard your retirement savings

If you participate in the Retirement Savings Plan of the Presbyterian Church (U.S.A.), Fidelity Investments (plan recordkeeper) uses sophisticated, industry-leading technology and best practices to help safeguard your data and your savings — online, over the phone, and in person.

In addition to shielding your account with state-of-the-art, certified cyber protection (ISO 27001), strong encryption, firewalls, secure email, and proactive 24/7 system surveillance, Fidelity offers you these optional features:

  • Two-factor authentication and Symantec VIP access prevent someone else from logging in to your account (even if they have your password).
  • Security text alerts confirm transactions and changes to your profile information.
  • MyVoice phone authentication detects and verifies your voiceprint in the first few moments of a call.
  • Money transfer lockdown places your accounts into secure lockdown mode to prevent unauthorized transfers.   

Visit Fidelity's Security Center to learn more about these features. There, you will also find helpful information to improve your cyber security awareness, monitor your accounts, and protect your loved ones from financial exploitation.  

About the Retirement Savings Plan

All employees who work for a PC(USA)-affiliated employer are eligible to participate in the Retirement Savings Plan if their employer offers the plan to them. If your employer offers the Retirement Savings Plan and you're not contributing, ask how to get started. If your employer doesn't offer the Retirement Savings Plan, ask them to contact the Board of Pensions for more information.