Hackers Fond of Social Media Enthusiasts and Availability of Personal Information

With the continuing rise in the popularity of social media platforms as more people embrace posting personal details of the minutiae of everyday life, hackers are mining their information to commit more fraud.

Fraudsters are becoming increasingly shrewd by diving into social media to capture personal details of their victims and thus compelling companies, banks and other financial institutions to turn to more sophisticated technology to thwart cyber attackers.

While cyber criminals already have basic information such as your mother’s maiden last name, consumers are contributing to the efforts of fraudsters who may not need to hack into their accounts to retrieve sensitive financial and personal data. For the full article click here 

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