Strong passwords go a long way in protecting your online activity.
Tips to create a strong password and reduce the chance of intruders gaining access to your online account:
2FA is an additional layer of security that requires you to enter a verification code as well as your password every time you log in to your online account. The verification code is an additional authentication using a “One-Time Password” or “OTP” generated using a security token or your mobile phone app.
The added comfort comes from the fact that in order to hack into your account, the criminal must first guess your password and steal your hardware token/mobile phone.
Pre-caution that you should take when using 2FA:
This is a trick on users to perform certain actions or reveal confidential information. Using the data you disclose, criminals will gain access to your accounts.
Victims are usually deceived in two ways, either by phone or e-mail.
Remember, there’s an army of hackers out there trying out newer and sophisticated technologies, 24/7 to attack web users. In this digital world, the web users themselves are often the weakest link.
Under the terms of the Margin Trading Customer Agreement governing your CFD trading account with Arum Capital, you have authorised Arum Capital to rely and act on trading and payment instructions for your account, if we have reasonable grounds to believe that these communications are from you or your authorised persons.
Arum Capital relies on your userID and password to identify you and/or your authorized person when accepting instructions for your account. Once executed, you remain liable for the transactions in your account.
It’s your responsibility to take the appropriate physical and IT security precautions as you consider necessary to safeguard your account credentials and ensure that access is permitted to your authorised persons. You should also notify us immediately if you suspect that your account number and/or password has been learnt or may be used by any other person.
You will also have to indemnify Arum Capital against losses, liabilities, judgements, suits, actions, proceedings, claims, damages and/or costs resulting from or arising out of any act or omission by any person obtaining access to your account by using your designated account number and/or password, whether or not you authorised such access.