You’re busy posting, tweeting, pinning, tagging and sharing — but are you managing the risk of identity thieves stealing your info while you’re using all of this social media? Yes, social media can be valuable to identity thieves, so let’s look at a few ways to protect yourself.
In today’s episode of Your Money Minute with Tracy Stewart, CPA, I want to talk about protecting your social media from identity theft. it seems like every detail about our lives somehow makes its way onto social media. So how do you manage access to all of those details and data?
Your social media accounts could give identity thieves access to your bank accounts or credit cards. They can steal your passwords or gain access to private information that may allow them to use other online accounts. These crooks can also gain access to your personal network — and what’s that old saying about your network and net worth?
Best advice: Be smart about the requests you accept and the links you click. Don’t add anyone on social media who you don’t recognize. Be careful to only click links from contacts you know and trust. I also recommend you check your privacy settings to make sure your posts are as private as possible. This minimizes the risk of prying eyes snooping into your personal life.
Financial independence is unbelievably liberating. Keeping identity thieves out of your accounts will help keep money in your bank account — and financial security is a surefire means for success.
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