WARNING: New Study Shows Social Media Users At Risk Of Identity Theft

Social media users be aware! The information your social media pages contain may be jeopardizing your online security and privacy. Here we’ll help you learn the secrets to protecting your identity online.

FSFDid you know that your social media profiles may contain all of the information a criminal needs to steal your identity and stick you with thousands of dollars in fraudulent charges? It’s true! In fact, a recent study found that users of popular social media sites are twice as likely as those newer to these sites to suffer identity fraud.

Social media sites invite fraud. And with the median actual dollar loss for identity theft victims placed at $31,356, you can not afford to have your identity compromised.

One of the dangers of social networking sites is the public display of personal information. Your page may contain sensitive, personally identifiable information and hints on how to easily find it. Criminals can easily harvest this information to take over your bank account, open fraudulent credit cards, or even take out loans in your name!

How can you Protect Yourself in the age of cyber-crime?

  • Don’t publish your birth date, mother’s maiden name, pet’s name or other identifying and personal information on social media websites.
  • Stay on top of your Credit Score.
  • Monitor your Bank and Credit Card accounts more than once a month.
  • Pay attention to official notices that your personal information has been lost or stolen. If you get such a letter, regularly monitor your credit reports or any affected accounts.

How to get started?

The easiest way to get started in protecting yourself against online theft is by checking your credit report. Generally, people should check there credit report every few months. Sites such as FreeScore360 will allow you to get your credit score at free of charge. If you see errors on the report, such as accounts you don’t recall opening or debts you didn’t incur, dispute the errors with the credit reporting companies and the fraud department of each business that reported an error.

FSFB

 

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