Social media on mobile phones and iPads can be safe, if you are careful. But be aware social media and mobile are the "new fraud frontier," according to the 2012 Identity Fraud report from Javelin Research, a nine-year running annual survey sponsored by Fiserv and Wells Fargo Bank. The study found more than 11.6 million adults became victims of identity fraud in the U.S. alone in 2011, a 13% increase. Smart phone owners were one-third more likely to experience identity fraud than the general public, and social networks continue to be a treasure trove for fraudsters. The research showed 68% of people with social media profiles that are visible by everyone share their birthdays and 63% their high school name, despite the common use of this information as a security shared secret by banks, investment accounts and other important online accounts.
To stay safe, protect your mobile phone with a password, set your privacy protections carefully on social media sites, avoid logging into social media sites from public or free WiFi hotspots and don’t use easily guessed passwords on social media or email sites.
Learn more about how to use social media safely with mobile devices and iPads with these tips: