Identity Theft on Myspace

A recent report on the evening news warned Americans that popular social networking sites like MySpace and Facebook have been an increasing target for identity theft. Hackers are learning how are tricking users into entering their information by creating fake websites that look authentic. The process is called phishing. Once a Myspace user clicks on the site, viruses can record your information and get passwords to your bank, financial records, and any other personal information they may want.4

Identity theft has already been a huge problem in our modern day world. As technology progresses, security must get tighter in order to protect ourselves. In a time where the economy in the United States is slumping due to the recession, having your identity stolen is the last thing anyone needs.

If you feel like you need protection from identity theft, there are insurance services to help save your good name. Check out lifelock, to see if there plan is agreeable within your budget. For $110 per adult per year, and $25 per child per year, you will receive their $1 Million Total Service Guarantee. They also have a monthly plan if that would be an easier payment. The service they offer will pay for any damages occurred from the identity theft up to $1 million per person. That is a great deal!

Identity theft accounts for 36% of all the complaints received by the Federal Trade Commission in the United States. This proves that there is a problem that we should all be weary about. So be careful on those social networking sites and don't fall for those emails or pop-ups.