Insights

Facebooks Timeline is a Fraud Prevention Nightmare

One of the most recent announcements Facebook has made is
the introduction of Timeline, which will feature recent status updates but also
summarize past events and feature the most important ones on a single page. a
fraud prevention
nightmare. This Timeline can be accessed by any of your friends, or if your
privacy settings arent locked down potentially anyone.

If you havent taken precautions to limit your Facebook
profile to only be viewable by your friends, we urge you to make this change
now. And we also urge you to take a look at who your friends are on Facebook.

The reason we suggest youre cautious about your friends
list is because the Timeline is going to be a gold mine for anybody who wants
information about you. Family names, high school names, pet names, favorite
sports teams, and favorite cities these will all be accessible on a single
page in the Timeline and can be used in knowledge based
authentication
questions for ID validation.

So take a look at your friends and limit the people you dont
absolutely trust with information that could be used against you. And a second
step is to always use a secure password. Dont use a password that is
associated with your name, favorite sports team, anniversary date, etc.
Basically, dont use a password that someone can figure out by looking at your
Timeline.

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