Fraud in Social Media and How to Protect Yourself and Your Organization January 15, 2013

This fraud in social media webinar will discuss various types of frauds that can happen in social media and how to protect your and your organization’s interests from it. Policies or essential information need to be in place to reduce risk of fraud victimization via social media.

Why Should You Attend:

Facebook, Linkedin, YouTube and numerous other social media web sites have become the as essential to daily life as food and water. Facebook recently recorded to its one-billionth member. While this is powerful evidence of the positive characteristics of social media, these sites have also become breeding grounds for numerous types of fraud. From identity theft, social engineering, theft of business secrets and confidence schemes galour, users of these sites are now at great risk of victimization by cyber-criminals around the world.

Here is one of the fastest-growing schemes on social media sites: Most online accounts use “qualifying questions” or Knowledge Based Authentication questions and answers to verify your identity. These questions involve personal information, such as your childrens’, other relatives’, or pets’ names or birthdays. When the fraudsters find this information on your Facebook page, they can reset your passwords and steal your identity.

Key message: Limit what you post, and lock down your privacy settings.

Official Website: http://www.complianceonline.com/ecommerce/control/trainingFocus/~product_id=702606?channel=yahooevent