How lots of you get “paper” financial institution statements? How many you write “paper” checks to pay your month-to-month payments? How a lot of you pay your payments by means of mechanically scheduled funds? How a lot of you retailer and save your private info in your computer systems and on third celebration websites? And what occurs to this info if you’re now not round? Can your loved ones get entry to it?
According to a 2011 Census greater than three-quarters of all Americans owned a pc. That quantity elevated to just about ninety% of all Americans who had a bachelor’s diploma or greater. Today, the overwhelming majority of the inhabitants owns a pc and with it, what at the moment are known as “digital property”.
A digital asset has been outlined as “info created, generated, despatched, communicated, obtained or saved by digital means on a digital machine or system that delivers digital data.” In widespread parlance, digital belongings embody private data contained in:
Online accounts with monetary establishments (e.g. banks or bank card corporations)
Social media accounts resembling Facebook, LinkedIn, YouTube, Twitter, the place a 3rd occasion permits the account holder to retailer private info
Online accounts with boards resembling Amazon, eBay or Craigslist, that not solely enable customers to purchase and promote however facilitate such transactions with on-line forex accounts reminiscent of Paypal.
Reward packages, akin to frequent flyer miles or reward factors.