Thursday, September 16, 2010

SHARING IS NOT ALWAYS CARING

I'm not sure about you but I make a frequent habit of checking and updating my facebook privacy and account settings. It seems as though the social network site as well as many others are always updating their policies as well as what they will and will not share voluntarily and what I have to manually opt out of. There are certain things that I do not feel that people need to know. Not that I am hiding anything but analysts say there are certain things we can and do reveal through social media that can make us susceptible to identity theft and actual physical theft and harm. I suggest you check your settings, see what your friends and what random people (who are not your friends) can see and have access to - you maybe surprised what you are opening yourself up to. The article [after the jump] I found interesting because a few of the "do nots" I can't lie I have done and did without thinking. For example posting statuses that indicate where and when I am leaving for vacation [I'm sure we have all done that at least once], which can clue thieves into when you may not be home or when you may not be logging into your facebook or other accounts for awhile. Meaning, if they hacked you at that time you may not know for several days while you are enjoying vacation bliss or they can choose to actually rob you while you are not home. After the jump is a great article with six things you should not reveal on social networking sites, do you have any?

MeaLee


6 Things You Should Never Reveal on Facebook - via Yahoo Finance

The whole social networking phenomenon has millions of Americans sharing their photos, favorite songs and details about their class reunions on Facebook, MySpace, Twitter and dozens of similar sites. But there are a handful of personal details that you should never say if you don't want criminals — cyber or otherwise — to rob you blind, according to Beth Givens, executive director of the Privacy Rights Clearinghouse.

The folks at Insure.com also say that ill-advised Facebook postings increasingly can get your insurance cancelled or cause you to pay dramatically more for everything from auto to life insurance coverage. By now almost everybody knows that those drunken party photos could cost you a job, too.

[See 7 Things to Stop Doing Now on Facebook]

You can certainly enjoy networking and sharing photos, but you should know that sharing some information puts you at risk. What should you never say on Facebook, Twitter or any other social networking site?

Your Birth Date and Place

Sure, you can say what day you were born, but if you provide the year and where you were born too, you've just given identity thieves a key to stealing your financial life, said Givens. A study done by Carnegie Mellon showed that a date and place of birth could be used to predict most — and sometimes all — of the numbers in your Social Security number, she said.

Vacation Plans

There may be a better way to say "Rob me, please" than posting something along the lines of: "Count-down to Maui! Two days and Ritz Carlton, here we come!" on Twitter. But it's hard to think of one. Post the photos on Facebook when you return, if you like. But don't invite criminals in by telling them specifically when you'll be gone.

[See Burglars Picked Houses Based on Facebook Updates]

Home Address

Do I have to elaborate? A study recently released by the Ponemon Institute found that users of Social Media sites were at greater risk of physical and identity theft because of the information they were sharing. Some 40% listed their home address on the sites; 65% didn't even attempt to block out strangers with privacy settings. And 60% said they weren't confident that their "friends" were really just people they know.

Confessionals

You may hate your job; lie on your taxes; or be a recreational user of illicit drugs, but this is no place to confess. Employers commonly peruse social networking sites to determine who to hire — and, sometimes, who to fire. Need proof? In just the past few weeks, an emergency dispatcher was fired in Wisconsin for revealing drug use; a waitress got canned for complaining about customers and the Pittsburgh Pirate's mascot was dumped for bashing the team on Facebook. One study done last year estimated that 8% of companies fired someone for "misuse" of social media.

Password Clues

If you've got online accounts, you've probably answered a dozen different security questions, telling your bank or brokerage firm your Mom's maiden name; the church you were married in; or the name of your favorite song. Got that same stuff on the information page of your Facebook profile? You're giving crooks an easy way to guess your passwords.

Risky Behaviors

You take your classic Camaro out for street racing, soar above the hills in a hang glider, or smoke like a chimney? Insurers are increasingly turning to the web to figure out whether their applicants and customers are putting their lives or property at risk, according to Insure.com. So far, there's no efficient way to collect the data, so cancellations and rate hikes are rare. But the technology is fast evolving, according to a paper written by Celent, a financial services research and consulting firm.

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