Posted by 
Social media is a terrific way to keep in touch with friends and family near and far, but it can also offer up another crack that hackers can slip through and wreak havoc on your finances and identity.
But don’t feel you have to swear off Facebook for good—with a few key precautions, you can feel comfortable interacting online.
The first line of defense against cyber threats is strictly limiting the personal information you share online, whether it’s a credit card or bank account number, your address and phone number, or personal information.
You also want to be cautious about social media comments that reflect your personal thoughts or that go into detail about your private life. Even though you’re entitled to your opinions, your publicly viewable social media posts could hurt your relationships or even your career. If something that you post on social media is misconstrued, it can be difficult to clarify or apologize and could be used as a mark against you with your current or potential employers. The bottom line is that the more information about you that’s out there, the more likely it can be used against you.
On social media, you can help protect yourself by making full use of the privacy options on Twitter, Facebook, LinkedIn, and the other sites you use, and by always choosing the highest possible privacy settings. Read the descriptions of each option carefully, and turn off access to your identity in as many ways as you can. Here are some more guidelines:
- Restrict who can friend request you on Facebook. This form of caution helps you prevent colleagues and other professional acquaintances from learning too much about your personal life.
- Think twice before accepting friend requests from people you don’t know well. Once you do, your pictures and information that were not public can now be seen by your new friend.
- Protect your tweets and posts from search engines, and only make them visible to your followers. But remember that followers can screenshot what you write, even if they can’t retweet it.
- Don’t link your different social media accounts. When you link accounts, you are sharing your data, especially your personal data, in an exponentially more widespread way. This spread of data makes the job of phishers much easier, as your personal posts may include information about family, pet names that could be used as passwords, data about where you bank and shop, and other seemingly harmless personal facts that could be used to locate you.
- As a rule, never post anything you don’t want the world to read.
- Revisit your security setting every month or so to ensure the highest levels of security.
Want to know more about staying safe online? Mascoma Bank offers a wealth of articles, lessons, and quizzes on financial literacy through a partnership with Banzai Inc, a leading financial educator. Take a look!