Which practice can reduce the risk of falling for common scams?

Study for the FDIC AIDT Ready-To-Work (RTW) Money Smart Exam. Practice with multiple-choice questions, each with hints and explanations. Prepare for your assessment!

Using strong passwords is a key practice that can significantly reduce the risk of falling for common scams. Strong passwords serve as a first line of defense against unauthorized access to your accounts and sensitive information. Many scams aim to gain access to personal data, and if your passwords are weak or easily guessable, it increases the likelihood that scammers can exploit this vulnerability.

A strong password typically includes a mix of uppercase and lowercase letters, numbers, and special characters, and is often longer than the minimum length recommended. Additionally, it is crucial to avoid using obvious information, such as birthdays or common words, which can be easily identified or cracked.

By employing strong passwords, you create a more formidable barrier against attackers, making it less likely that you'll fall victim to phishing attacks or identity theft that commonly result from scams. This practice enhances your overall cybersecurity and helps safeguard your financial information.

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