I am new to AWS and I have read about some horror stories of accounts being hacked. I have read that some AWS users received an unexpected bill in the tens of thousands of dollars. What is the easiest way to secure my account so this doesn't happen to me?
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One of the easiest ways to ensure your AWS accounts safety is enabling MFA (Multi-Factor Authentication) on your account. This is one of AWS' best practices for security. Below is a link on how to enable MFA on your root account and users.
https://docs.aws.amazon.com/IAM/latest/UserGuide/id_credentials_mfa_enable.html