How to make sure my Paypal money will not be stolen?
June 20, 2021 9:46pm CST
I said I have a plan to save up my little Paypal money until they reach about $100 in my account. I just plan to do myLot and another forum site. It will be a long time before I plan to withdraw my earnings and turn them into pesos. I'm worried that for that long time my Paypal account will be hack and someone will stole the money I am saving in my Paypal account. Can I keep my money safe for about a year of not withdrawing it right away?
14 people like this
• Cambridge, England
PayPal is only as safe as your password. 1) Make sure that your PayPal password is unique and NOT used for any other accounts, especially email or Facebook. 2) Your password should be of at least 8 characters, preferably 10 or 11, and should contain a mix of upper and lower case, numerals and symbols. It should NOT be made up of any dictionary words or names, dates or places which are associated with you. The best passwords are random but there are ways of making them memorable (see below). 3) DO NOT allow your browser to store your password. Many browsers ask whether you want them to save your passwords. You should always be careful to answer 'Never' for passwords like PayPal and banking sites. You can write down passwords, provided that you keep them in a safe place which is not shared with anyone else, even your partner. How to Create a Strong Password which is Memorable. One way of doing this (my favourite) is to take a memorable phrase of 8 or more words, such as a line of a poem, for example: e.g. "Shall I compare thee to a summer's day?" (The first line of a well known Shakespeare sonnet) Take the first letter of each word: 'SICTTASD' Substitute some of the letters with numerals or symbols which resemble the letters - A = 4 or @, E = 3, I = 1, S = 5 or $, for example - and make some letters uppercase and some lowercase: '$1CtT45D' Another example: "In the beginning was the Word and the Word was with God and the Word was God" (This time, take the SECOND letter of each word) NHEAHONHOAIONHOAO' which might become: 'n#34#0Nh041oNH040' OK, so that one may be rather longer and more complicated to remember! The point is that, as long as you devise your own system and remember the steps and what substitutions you have made, you can make what looks like a random collection of letters, numbers and symbols much more easy to remember.
Okay sounds good. I do all of the 3 you mention. My password is usually a book in The bible like Psalm then I add numbers and characters like $#&*. My problem is what if there is a virus that I accidentally got from going to different sites and they are able to see my passwords every time I open my account. Is that possible? I feel paranoid that they can monitor what I type
• Cambridge, England
@averygirl72 There is always that risk, of course, if you are not careful (which I'm sure you are). Make sure that you have a good antivirus software and keep it up to date. That is the answer. There are plenty of good free AV programs available. I use Avast but there are many others and, when you try to access a site which tries to deliver malicious code, the software will detect it and give you a warning.
• United States
I don't think you have anything to worry about. PayPal operates like a bank, with layers of security built in. It is not IMPOSSIBLE to be hacked. But it is highly UNLIKELY to be hacked. I think your money will be safe there until you are ready to withdraw it.