...“American’s lack of caution in friending members of the opposite sex online is striking,” said Thomas Oscherwitz, chief privacy officer for ID Analytics, Inc.
“Friending someone online is not risk-free. Just as in the bricks-and-mortar world, it makes sense to exercise a bit of prudence. Most social networking profiles contain personal information that can be used by fraudsters, and when you friend someone, you are giving them access to this information.”...
13 Million Americans Leave the Door Open to Identity Theft on Social Networks, ID Analytics [image courtesy]
Fraudsters can use information in social networking profiles to build the dossiers they need to beat challenge questions and other security measures on financial accounts. The key identity elements that consumers should be careful before exposing on social networks are:
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