You are here: Home - Saving-Banking - News -

The dangers of oversharing on social media revealed

0
Written by: Paloma Kubiak
22/10/2018
By giving away too much personal information on social media, 21 people a minute are targeted by fraudsters in the UK.

More than a third of posters (39%) have experienced fraudulent activity because they’ve given away too much on social media.

But a quarter (26%) didn’t realise they’d been targeted by fraudsters and one in five didn’t do anything about it. In fact, almost a third just ignored it, according to Get Safe Online.

As part of this year’s Get Safe Online campaign which runs this week, it’s urging people to be aware of what they share as Brits seem to be unclear on what constitutes oversharing online, as well as the consequences.

By using social media to post a location tag, show off about your holiday, let people know about major life milestones such as buying a house or to brag about a new purchase such as a car, this can open you up to identity fraud, theft and privacy invasion.

Tony Neate, CEO of Get Safe Online, said: “People are increasingly oversharing on social media and apps without thinking about the consequences, which is why this Get Safe Online Week, we’re reminding you that you don’t always have to give everything about yourself away on social media or your apps.

“Seemingly harmless posts, photos and details in your profile could actually leave your privacy exposed. An innocent location check-in or a photo of your new driving licence for example could be invaluable to criminals, who are expert at putting together snippets about you to build a bigger picture with a view to defrauding you or stealing your identity.

“Think through not just what you’re sharing but who you’re sharing it with. For instance, if you have an open social media account, you’re sharing with the whole world, not just with the people in your own groups. Even if it’s set to private, you can’t be sure it hasn’t been passed on.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week