FL10.9 Explain the importance of, and methods for, protecting personal information and financial assets.

This Outcome Looks At:

  • Ways to secure personal and financial information, including processes for online account verification.

  • When personal information can be shared safely.

  • Various documents such as receipts, bank statements, job applications, resumes, and passports which contain sensitive information that others could use fraudulently.

  • How documents containing sensitive information may be stored and protected using various tools and techniques.

  • The levels of security associated with common payment methods.

  • Potential risks associated with online payments and contactless payment systems.

  • Various ways individuals attempt to illegally gather personal information to earn a profit through fraud.

  • Processes to address and rectify issues with compromised personal information and fraud.