Day 33 (PF)


Pit Stop Summary: Students learn proactive strategies for safeguarding personal, financial and confidential information to prevent financial mishaps in the future

Terminology Tune-Up:

  1. Identity Theft –Fraudulently acquiring/using another person’s identifying information for financial gain.
  2. Malware – Software that is intended to damage or disable computers and computer systems.
  3. Phishing – Activity of defrauding an online account holder of financial information by posing as a legitimate company. 
  4. Secure Sockets Layer [SSL] – The standard security technology for establishing an encrypted link between a web server and a browser.
  5. Dumpster Diving – Strategy used by identity thieves to retrieve  sensitive information about another that was discarded in the trash.

Navigation Tips:

  1. Establish strong passwords using recommended password strategies.
  2. Think before you click.
  3. Protect your identity. Do not share your SSN and full birthdate.

Navigation Tip #1: Establish strong passwords using recommended  strategies. Safeguard your Budget Challenge password and interact safely online. Recommended strategies include:

  1. Create a strong password: minimum of eight characters with at least one capital letter, one number and special character. Password should not contain user name, real name, company name or other easily discoverable information. 
  2. Use mobile or online password protection software or keep passwords in a safe place at home.
  3. Use unique passwords for different accounts, using more difficult passwords for accounts with sensitive information like online banking or those that can affect your reputation like social media.

Navigation Tip #2: Think before you click It is important that all consumers take necessary precautions to prevent online fraud.

  1. Free Wi-Fi in public places is often not secure. Do not access financial information on unencrypted sites and avoid using mobile apps that require personal information.
  2. Be aware of Phishing/Spoofing emails attempting to obtain confidential information. It is highly unlikely financial institutions or government agencieswould request confidential information through an email or on the phone.
  3. Be wary of downloading software from unknown sources as these may contain viruses, malware or spyware. While playing Budget Challenge, students only receive emails from Budget Challenge authorized accounts. A list of these email address can be found on the Quick Tips file located at Student Home>How to Play.

Navigation Tip #3: Protect your identity. Do not share your SSN or full birthdate. Identity thieves need a combination of four pieces of information: name, address, SSN and birthdate. Protect your SSN and full birthdate to guard against identity theft as these are not easily found online.

Did You Know? A recent study from Kaplan has found that 31 percent of
college admission officers check social media to see if an applicant would
make a good fit at their educational institution.


  1. Open this file:
  2. Read and do the Turn by Turn Navigation as a class
  3. On the left side of the paper read the TAKE ACTION section
  4. At the bottom read the Rest Area Follow Up questions. Respond to them in the Word Online file for this class.
  5. At the right read the Now What? box.

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