Dangers of Social Media Networking Part 3

Linked Out. When one door closes another opens. This tried and true adage has never rung more true than with social networking. Attackers frustrated by their inability to enter corporate networks because of sophisticated controls, now have a whole new point of entry with LinkedIn, which allows them to access personal professional information and spoof employee profiles.
Plus, it's no secret that attackers follow the money. This networking site aimed at professionals also opens up a whole new attack vector for organized crime intending to pilfer intellectual property and corporate information, as well as the typical credit cards and social security numbers used in identity theft.
All About The Money. Reflecting current cyber crime trends, experts say that attacks on social networking sites will increasingly become more financially driven.And will wreak havoc on users' bank accounts as these attacks become more complex and organized. This also means that sites like Facebook -- which touts a more professional, white-collar user base, as well as professional networking sites like LinkedIn, will increasingly become targets for organized crime.
Having all of your information on a site that isn't controlled by users and whose security practices aren't paramount, isn't always the best deal. While experts say that they can't predict the future, it's likely that social networking sites like MySpace and Facebook will start taking more responsibility regarding their security practices -- especially if users significantly change their behavior or avoid logging on altogether.
Special thanks to : Channel Web, http://www.crn.com
Author Chris Kaminski is head web designer at Lone Bird Studio, an Asheville web design and SEO company located in North Carolina.
Labels: Internet Safety, Social Media Networking
