Tuesday, April 21, 2015

Security advice: get paper statements from your bank

Everyone wants you to go paperless, because it saves them the cost of printing and mailing you a monthly statement.  With your bank, this is a bad idea.

6 comments:

  1. I download all of my statements and save them to disk. I scan all important correspondence and documents, and save them to disk as well.
    Once a month, I encrypt the important stuff that I can't afford to lose with True Crypt, then save that encrypted file onto two thumb drives. One, I keep in the car's glove box, the other I keep at work.
    I think that covers it.

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  2. I stick with paper statements because otherwise when I kick off, my kids would have a hell of a time finding all my accounts.

    We went through that when Dad died. He did everything online, while Mom couldn't even figure out how to turn on a computer. Fortunately Dad was so obsessive about documenting things he had all his account numbers & passwords in the PDA he had in his pocket when he died. My brother was able to use that to get everything straightened out for Mom.

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  3. So what is the recommended replacement for TrueCrypt?

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  4. That I don't know. I pretty much assume that all encryption software has been compromised by the NSA or FBI/

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  5. The reason I asked is that TrueCrypt shut down.

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  6. Ars Technica created a list of TrueCrypt replacements.

    http://arstechnica.com/civis/viewtopic.php?t=1245367

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