Security Tips for Social Media
Dr. Shekhar Pawar
Founder & CEO @ SecureClaw & GrassDew IT Solutions ??? Doctorate in Cybersecurity from SSBM Switzerland ?? We Offer???Virtual CISO | VAPT | SAST | BDSLCCI | Software Development | Teleservices
Online media is a huge part of both personal and professional life nowadays, and it can be a great way to remain in touch with loved ones, friends, and the latest news. Social media security, however, must be a top priority for us.
Your personal or company account should have high levels of security. Security breaches on online media accounts may be a major catastrophe for specific brands and companies.
Below are the recent statistics on Social Media Hacking.
Social media platform cybercrimes generate $3.25 billion in annual global income.
(Source: Rexxfield)?
Revenue from computer crime produced by social media grew by 60% in 2018. Despite being a relatively nascent criminal economy, hacking figures show that cybercrime brings in at least $1 trillion yearly. Cybercrime economics has multiple layers of income production. Hackers have two options: they may create giant, global companies that generate enormous profits of more than $1 billion, or they can choose to exploit tiny enterprises that generate earnings of $30,000 to $50,000 each operation.
Each organisation experiences around 30 attempts every year to take over business social networking accounts (roughly 3 per month)
(Source: zerofox.com)
Nearly 30 attempts per institution each year are made on average to take over business social networking accounts (roughly 3 per month). Every executive, there are typically 4 compromised credentials per year, 2.3 of which come from breach databases. Impersonations or takeovers are frequently the result of this.
Due to privacy concerns, 11% of social media users have cancelled their accounts.
(Source: Thrivemyway)
Social media has risen in popularity as a means of communication over the past several years. However, some individuals have chosen to cancel their accounts due to privacy worries. According to a recent research, 11% of social media users have cancelled their accounts because of privacy issues.
According to the Pew Research Center research, the most frequent justification for closing a social media account was privacy. Other explanations included difficulty keeping in touch with friends and family, being overloaded by alerts, and wishing to take a break from social media.
In a data breach in 2018, 30 million Facebook accounts were compromised.
(Source: Facebook)
Facebook disclosed that roughly half of the 30 million accounts hacked in the 2018 attack had had their personal information exposed. According to hacking statistics from 2018, approximately a million people had their personal information stolen.
According to Guy Rosen, vice president of product management for Facebook, no credit information was ever transferred to dark web markets, and third-party applications were not permitted access to it either.
When it comes to data safety, one-third of all American citizens don't trust social media networks.
(Source: Thrivemyway)
A recent research found that 1 in 3 American citizens don't trust social media sites to preserve their personal information. Given the time and private information that users give on these networks every day, this is an important discovery. The study highlights the need for social media companies to do more to protect their users’ data, and to build trust with their users around this issue.
96% of baby boomer internet users don't believe social networks will secure their personal information. The millennial generation (92 percent), Gen Z (93 percent), and Gen X (94 percent) all have similar opinions.
(Source: Malwarebytes)
Previously, online anonymity was a frequent feature. Statistics on social media hacking have demonstrated that even major firms like Facebook or Google are unable to secure data.
The baby boomer generation is the most circumspect. Both at home and at business, they desire seclusion. Although they are more accustomed to utilising technology, younger people also have a healthy mistrust of social networking sites.
Consumers in the US believe that it is immoral for businesses to focus adverts and product suggestions based on internet browsing and buying behaviour (67%).
(Source: RSA Security)
Statistics on social media hacking support people' mistrust and uneasiness. According to experts, the cybercrime business accounts for 30–40% of the adverts on some sites. Over half of US customers believe social media networks don't effectively secure their personal information, which is not surprising.
More spam is visible in the newsfeeds of 47% of social media users. Among them, 79 percent think spam is bogus news or a kind of online crime.
(Source: HubSpot)
Your newsfeed is inundated by spammers with false articles and advertisements that take you to hacker websites. After being prompted to provide personal information, automated virus downloads will follow.
Below are few crucial pointers as Social Media Security Checklist:
Few Leading Social Media Providing Two Factor Authentication as below:
Hope these tips are helpful.
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