Mercury Insurance Issues Cybersecurity Guidance for Reusing or Passing Down Electronics
In observance of Cybersecurity Awareness Month, Mercury Insurance (NYSE: MCY) has released a guide to help consumers protect sensitive data when transferring old electronics like smartphones, laptops, and gaming consoles. The company warns that simply deleting files is insufficient to prevent identity theft or unauthorized access to financial accounts. The guidance outlines five critical steps: backing up data to secure storage, signing out of all cloud and banking accounts, performing a full factory reset, addressing connected devices like smartwatches, and setting up separate user profiles for new owners. Mercury Insurance emphasizes that improper device disposal can lead to significant security breaches involving personal documents and financial credentials.
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