Facebook mistakes help criminals access your personal information and assets. Fix these problems to limit your exposure.
Facebook mistakes can mess up your life.
Social media platforms like Facebook or LinkedIn can give hackers a wealth of information about you—which can be used to steal your assets or information. You may want to tell your friends that Costa Rica is great. The problem is that criminals (who know where you live) just saw the same update.
With a little help from IT World, these are some of the top social engineering mistakes and fixes that can help improve your cyber security on Facebook.
Mistake #1 Using A Non-Secure Password
This may be the biggest mistake people make on Facebook - or anywhere online. Here are a few best practices to make your Facebook password more secure…
- 15+ characters long
- Use symbols, numbers, capital and lowercase letters.
- Capitalize a middle letter, use the @ symbol for the letter “a” or the number “0” in place of the letter “o.”
- Never use keyboard walks (like 12345678 or qwerty).
- No dog’s name, mother’s maiden name and other easy-to-find information.
Mistake #2: Giving Too Much Personal Information
Limit the information you give out. Criminals will search Facebook, Twitter and other social media websites for information about you and can use it to defraud you, your family and your friends. Every post you share may be seen by people who want what you have. Stay vigilant. Only post something that you’re comfortable with everyone seeing.
Mistake #3: Not Setting Privacy Settings Correctly
It is possible to limit the exposure of your Facebook posts. You can setup your account so that only your friends (in theory) can see your post. Keep in mind, it’s not perfect and smart hackers can still find it. But it does limit the potential damage from social media posts. Here’s a great resource to fix your privacy settings on Facebook.
Mistake #4: Being Duped By Malware
Malware is alive and well on Facebook. Bad software can be installed on your computer and affect your system and what other people see on your wall. Only click on trustworthy links. Avoid salacious or outrageous images and headlines. This will improve your chances of not getting infected online.
Mistake #5: Accepting Friend Requests from Attractive & Unknown People
This is a favorite scam for Facebook hackers. If you happen to friend one of these (probably fake) people, the best case you can hope for is to be inundated with worthless or self-promotional updates. The worst case is it turns out to be bait for some scammer trying to socially engineer information from you. It happens.
Here are a few more tips that relate to protecting yourself from social engineering scams from JP Morgan:
Image from JP Morgan’s Guide to Cybersecurity Awareness
Facebook Security Helps Secure Your Financial Peace Of Mind
People make these Facebook mistakes every day – if you’ve made one of these mistakes, you’re not alone. But if you fix these 5 areas and you’ll be ahead of most Facebook users. That will help keep your financial records more secure and give you more peace of mind whenever you’re on Facebook.
IMPORTANT DISCLOSURE INFORMATION: Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Republic Wealth Advisors), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Republic Wealth Advisors. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Republic Wealth Advisors is neither a law firm nor a certified public accounting firm and no portion of this blog content should be construed as legal or accounting advice. If you are a Republic Wealth Advisors client, please remember to contact Republic Wealth Advisors, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services. A copy of the Republic Wealth Advisors’ current written disclosure statement discussing our advisory services and fees is available upon request.