Cybersecurity

The Importance of Keeping Your Software Up to Date

At Schultz Financial Group (SFG), we view wealth differently through our Four Capital approach. Our team works with you to build your wealth across Four Capitals – Financial Matters, Physical Well-being, Intellectual Engagement, and Psychological Space. This Financial Matters article focuses on the importance of keeping your software up to date.

Keeping your software up to date is important to your digital safety and cybersecurity. One major reason is that as time goes on, security flaws, exploits, and backdoor hacks are discovered. The only way to ensure that you are protected against these issues is by staying current with your software as most software developers work very hard to stay on top of these issues and push out fixes before they ever become a problem in the first place.

The most important of these to update are your operating systems such as Windows, macOS, Linux, etc. Official support for Windows 7 ended in January of 2020. That means that Windows 7 users will no longer receive critical security updates and patches, potentially leaving users susceptible to nefarious activity. It can be very easy to push off updating, or in the case of Windows 7 holding off on upgrading altogether, but it is not worth the risk.

It is also important to keep all your desktop applications as current and up to date as possible as well. The reason is that viruses and malware evolve over time and can gain access to your computer through these applications and potentially compromise the entire system without alerting you as the user. The good news is that most applications are becoming increasingly cloud-based, meaning that you access them through your browser and do not need to maintain a local copy of that program on your desktop. However, for the few programs you maintain on your desktop, most importantly your default browser, it is critical that you maintain the regular updates that get pushed to you.

An additional benefit to keeping your software current besides enhanced cybersecurity is often better overall performance via new features and program stability. These new features and enhanced performance can only make their way to your desktop applications if you update them. Most programs will notify you of these updates when they become available, but if you are curious to see if you have the latest version available, most applications locate this option under Settings -> About.

William Saulsgiver is a Business & Investment Analyst with Schultz Financial Group Inc.

 

Schultz Financial Group Inc. (SFG) is a wealth management firm located in Reno, NV. Our approach to wealth management is different from many other wealth managers, financial advisors, and financial planners. Our team of fee-only fiduciaries strives to help our clients build their wealth across four capitals: Financial Matters, Physical Well-being, Psychological Space, and Intellectual Engagement. We provide family office and wealth management services to clients located in Nevada, California, and other states. If you’d like more information, please check out our website or reach out to us via our contact page.

  • The information contained within this blog is for informational purposes only and is not intended to provide specific advice or recommendations. If third party products or services are referenced in the above blog post, then Schultz Financial Group is providing that information for informational purposes only and is not recommending or endorsing any third-party products or services. Please remember that past performance does not guarantee future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Schultz Financial Group Incorporated), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Schultz Financial Group Incorporated. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Schultz Financial Group Incorporated is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Schultz Financial Group Incorporated’s current written disclosure statement discussing our advisory services and fees is available for review upon request. Please Note: Schultz Financial Group Incorporated does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Schultz Financial Group Incorporated’s web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.