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Identity Thieves Use Social Media To Gain Personal Information

By July 18, 2016March 2nd, 2023Blog, Cybersecurity

IdentityXThievesXUseXSocialXMediaXToXGainXPersonalXInformationIdentity theft is a large, pervasive, and growing problem. In fact, statistics show that the instances of identity theft jumped a staggering 57% last year alone, this, according to figures from the fraud-prevention service Cifas.

The firm’s research into the increase of identity theft found that much of the growth has seen fraudsters targeting a younger demographic (ages 30 and under), with 24,000 victims in this age group in 2015, compared with 15,766 in 2014, and 11,000 victims in this age group in 2010.

In order to successfully assume a person’s identity, the first order of business is to obtain as much personal information as possible. This, in turn, invariably leads someone with decent investigative skills to be able to guess at or intuit passwords, and ultimately, take control of one’s identity and financial assets.

Unfortunately, the rise in popularity of social media platforms has made much of this information readily accessible, and hackers and fraudsters now regularly troll those waters in an attempt to glean the personal information needed to take someone’s identity.

You can find first and last names, mothers’ maiden names, addresses, educational background, friends, relatives, names of pets, birthdays, and a whole host of other, related information.

With so much of our lives online and readily accessible, it’s important to be aware, be vigilant, and be mindful of who can see your personal information and how much is visible to a wider audience. How long has it been since you checked or updated your privacy settings on Facebook? Is your personal profile set to public, or private? How many of your friends are actual friends or basically unknown to you?

Now might be an excellent time to review all of the above to be sure that only people you know and trust have unfettered access to your personal life. Social media is fantastic, but it also exposes you to greater risk than you might realize.

Chris Forte

Chris Forte, President and CEO of Olmec Systems, has been in the MSP workspace for the past 25 years. Chris earned his Master’s Degree from West Virginia University, graduating Magna Cum Laude. He was a past member of the Entrepreneurs’ Organization, a current member of the New Jersey Power Partners and Executive Association of New Jersey, where he has previously served on its board of directors. In his spare time, Chris enjoys traveling with his family. He also admits to being a struggling golfer and avid watcher of college football and basketball. He currently lives in Boonton Township, NJ with his wife, two daughters, son, and black lab Luna.