Tag Archives: cyber security; financial security; social media security; privacy settings; hackers; debit card thieves;

4 Standard Safety Tips for Social Networking

networking

“Technology and social media have brought power back to the people,” Mark McKinnon. Whether or not you fully agree with this statement, social media has become ubiquitous to all ages on multiple platforms. It’s not only the pre-teens who are at risk of becoming victimized by hackers, as even corporations are finding themselves in costly predicaments. Because of this, Iowa State Bank of Fairfield has gathered basic standards that everyone should adopt into their social media safety.

  1. The Big No-No’s

With much of social media, the purpose is to share the highlights of your life with others. However, there are certain facets of your identity that you should never, under any circumstances, share. You may not even know you are outright sharing this information, as it can manifest in basic profile information or slight comments on a friends post. It may seem obvious, but never share your:

-Social Security Number

-Birthdate

-Passwords

-Home Address

-Cell Phone Number

-The State Where You Were Born

  1. Review Your Privacy Settings Frequently

Social Networking sites can change their privacy options, so it is good to check in to ensure that you are only sharing the information you want shared. There are multiple ways to manage who sees what posts and even who your other friends are. While you are reviewing these settings, be sure to change your passwords to ward off hackers seeking access to your most privileged information. A great option would be to have your password in sentence form. It’s been recommended to have a positive sentence that’s easy to remember like, “I love my puppies!”

  1. Only “Friend” Those You Know

Although there is a social praise towards those who have a lot of followers, or friends, it is a better standard practice to ensure you are only allowing those you know into your web life. Keep in mind that if you’re posting about your friends, others who you have friended are seeing it, too. It isn’t only your identity that is at risk, so friend responsibly.

  1. Avoid Oversharing

We all have that one friend that shares EVERYTHING on social media, even down to the smallest detail like what flavor of coffee creamer they had this morning. We don’t want to be this person, but we may be doing similar dangerous behaviors without even thinking.

For example, if you are going on a great vacation, wait to share those photos until you are home. The last thing you want to be doing is advertising that your home is empty for the week. Even miniscule details here and there can be pieced together by predators for a large picture of your life. Review your professional sites like LinkedIn, and be sure you are not sharing your entire work history. This data can be gathered by hackers to fill out applications for things on your behalf.

Don’t make yourself an easy target! Stick to these standards to provide yourself with a digital wall of protection.

Cyber Security from Swan

Picture this:  You’re sitting at home, watching your favorite Janet Yellen video clips on YouTube. You’ve got your big bowl of organic popcorn, a glass of free-range grapefruit soda and your cozy gluten-free slippers. Janet’s just begun her testimony before the House Financial Services Committee, and you can barely contain your excitement…

Suddenly, the phone rings. CallerID reports the number as “000-000-0000 – Unavailable”, but you’ve already paused the video so you answer anyway. Your disinterested “Hello?” is met with a couple of seconds of silence, a muffled, mechanical click-beep, and a somewhat obviously prerecorded voice…

“Hello sir/madam. What is the name of the street your maternal grandmother grew up on?”

Chances are, you’re not going to answer that question, right? RIGHT?!?!

Yet, seemingly every minute, people are putting the answers to questions like this (and many others) out there for the world to see on social media networks, via those cute little surveys shared amongst “friends”, under the guise of “getting to know one another a little better”. Everything from your first pet’s eye color to your uncle’s favorite song involving a mandolin. Thirty questions designed to bring you closer to your friends…and make it incredibly easy to hijack your financial security.

Debit card thieves are putting Facebook to work as soon as they get their hands on your card. The less-savvy ones are looking for birth dates and anniversaries for PIN codes for the easy ATM or purchase grabs. The scary ones are building life inventories for larger windfalls, such as home/auto loans and other credit accounts, or opening deposit accounts in your name to be used as a placeholder for even larger scale fraud. And you’re handing it to them on a silver platter. Your favorite book. Your first car. Your high school English teacher. Many of the questions on those surveys are ripped straight from the security question database that many websites (including our own online banking) use to identify you. Some are word-for-word, others are more subtle and buried amongst 20 other seemingly harmless questions.

Even if you keep close tabs on who you “Friend”, and are sure to set privacy settings on your posts to only be visible to those “Friends”…how confident are you that those “Friends” are doing the same? If someone compromises an account on your Friend list, how much can they find out about you?

– Mark Swan, IT Manager/Network Administrator