Data encryption
Your sensitive data and details are encrypted for enhanced security.
Smart partners
We partner with the leaders in account linking technology.
Linking your bank accounts to NerdWallet's dashboard not only allows you to see all your accounts in one place and transfer money between them, but it also helps us provide the best, most personalized recommendations for you. We link your accounts using the Plaid platform, who are just as committed to your security as we are. Learn more about Plaid privacy policies.
We use industry-standard security controls, such as cryptography, to protect your personally identifying information. And our partners TransUnion and Plaid do the same.
NerdWallet partners with TransUnion® to provide your VantageScore® 3.0, based on information in your TransUnion® credit report. Your score and credit report information are updated weekly.
Yup, it’s 100% free. You can sign in to NerdWallet anytime to see your free credit score, your free credit report info and more. NerdWallet only pulls your credit score with your permission.
Here are a few things we recommend for keeping your info safe — with us, and in general. For starters, make your password tough to guess. Mix up numbers, letters and special characters when you can. Make sure you never share it with anybody. And never reuse your NerdWallet account password on any other site. We also recommend using virus protection, firewalls, and password managers. Make sure you never install programs from unfamiliar people or companies, or from suspicious emails. For any programs you install, apply all security updates. These steps will help protect you against identity theft and phishing attempts.
Yes, you can unlink your accounts at any time. And even though we’d be sad to see you go, you can also deactivate your NerdWallet account here.
As an expert in cybersecurity and data protection, I bring a wealth of knowledge and experience to the table. I have a deep understanding of the intricate mechanisms involved in safeguarding sensitive information, and I am well-versed in the technologies and protocols that contribute to a secure digital environment.
Now, let's delve into the concepts mentioned in the article on NerdWallet:
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Data Encryption: The article emphasizes the importance of data encryption for enhanced security. Encryption is a process that transforms data into a coded format, making it unreadable without the appropriate decryption key. This ensures that even if unauthorized parties gain access to the data, they cannot interpret or misuse it.
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Smart Partners and Account Linking Technology: The article mentions partnering with leaders in account linking technology. Account linking involves connecting different accounts, such as bank accounts, to a central platform. In the case of NerdWallet, this allows users to view all their accounts in one place and transfer money between them. The term "smart partners" likely refers to collaborating with reputable companies or platforms that specialize in secure account linking technology.
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Plaid Platform: NerdWallet uses the Plaid platform for linking accounts. Plaid is a financial technology company that facilitates secure connections between various financial institutions and third-party applications. It ensures the security of the data being transferred between different accounts.
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Cryptography and Industry-Standard Security Controls: The article mentions the use of cryptography and industry-standard security controls to protect personally identifying information. Cryptography involves the use of mathematical algorithms to secure information during transmission and storage. Industry-standard security controls imply adherence to established security practices widely accepted in the industry.
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Partnership with TransUnion: NerdWallet partners with TransUnion to provide users with their VantageScore 3.0, based on information in their TransUnion credit report. This involves a collaboration with a major credit reporting agency to deliver accurate and up-to-date credit information.
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Security Recommendations: The article provides practical security recommendations for users, such as creating strong and unique passwords, avoiding password reuse, using virus protection and firewalls, employing password managers, and being cautious about installing programs from unfamiliar or suspicious sources. These recommendations aim to protect users against identity theft and phishing attempts.
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Account Management: The article assures users that they can unlink their accounts at any time and deactivate their NerdWallet account if needed. This emphasizes user control and the commitment to user privacy and security.
In summary, NerdWallet employs a multi-faceted approach to ensure the security of user data, incorporating encryption, partnerships with trusted technology providers, industry-standard security controls, and proactive user education on security best practices.
