“If a bank itself fails, deposits at FDIC-insured banks are protected up to $250,000 per person, per bank. ⚠️ That insurance doesn't cover money stolen from a hacked account. ⚠️ But federal rules generally limit what you lose from unauthorized transfers if you report them quickly, so check your accounts often and call your bank right away if anything looks off.” 😬😬😬😬😬😬😬😬😬😬 “What to do today: First, stay off sites you don't know until this blows over. Stick to the big, well-known ones: your bank, Amazon, Google. Small sites are the least likely to have patched, and you can't tell from the outside. For the next few weeks, don't type a password or card number into anything unfamiliar. Second, update everything: your phone, your computer, your tablet and your web browser. When your phone or computer's own Settings says an update is available, install it. That's your lock. Do the same for your router, and if it's so old it doesn't get updates anymore, replace it. But never install an "update" from a pop-up on a website or a link in a text or email. That's a common scam. Not sure how to do any of this? Here's a simple step-by-step guide. Third, close the doors you aren't using. Unplug smart gadgets you don't need and delete apps you don't use. Every connected thing is another way in. Fourth, protect your bank account. If anyone calls, texts or emails you and asks for your password or a code that was just sent to your phone, it's a scam. Every time. Those codes are only for you to type into your bank's own app or website. Treat every call, text or email about your bank as suspicious until you've checked it yourself: don't click their links, and don't call back the number they give you. Hang up and call the number on the back of your card. If it was really your bank, they'll be able to help. Only type your bank username and password into your bank's own app or website. Don't give them to anyone else, including an AI assistant or another app, no matter how helpful it seems. Chase says not to give them to anyone. Turn on two-step login for your email and your bank (here's how), and stop reusing passwords. A password manager makes that easy, and your iPhone or Android phone already has one built in. If you want to be extra careful, keep a little cash at home, enough for groceries for a few days, plus some food and water. That's a normal emergency kit, and it's worth having anyway. What I wouldn't do is pull your money out of the bank. Panic is exactly what scammers count on. If a bank itself fails, deposits at FDIC-insured banks are protected up to $250,000 per person, per bank. That insurance doesn't cover money stolen from a hacked account. But federal rules generally limit what you lose from unauthorized transfers if you report them quickly, so check your accounts often and call your bank right away if anything looks off. Money you're tricked into sending yourself is much harder to get back, which is why the scam calls are the bigger danger. The next few days are going to be weird. More announcements are coming. My hope is that most things will keep working. Just do the boring stuff today.” -Matt Shumer