Social Media Poses Serious Security Threats

  • Internet Fraud, Security

Last week, social feeds and web articles flooded the Internet with notification of a major password hacking from the professional network, Linkedin. It was reported that a Russian hacker breached over 6.46 million accounts. The company released an apology and is still working on repairing the damage. Just when things were starting to settle down, reports stated that the very same hacker had accessed more than 1.5 million accounts on dating site, eHarmony.com. Although this was significantly less, the concerns were just as high, if not worse. How could this be happening all over the web? Social media poses a huge threat beyond just the over abundance of personal information people share of these sites. Eric Knapp, VP of Client Services, says, All social media accounts require an email. Once a hacker has an email address and a password its easy enough to continue hacking other accounts. Users also make themselves vulnerable to multiple attacks by using the same passwords for every account. Unfortunately, this finding was not dispersed soon enough and this is not the end of the story.

Just this week, 10,000 Twitter accounts were reported as being hacked via Twitter-app. This breach made profiles, full names, passwords, and locations all public information after a group of hackers got into the system. All the sites that have been hacked this month have issued public statements and urged their users to change their passwords. This has become a pretty standard procedure and has proven not to protect their users. If these accounts were hacked before, what difference does a new password make for the next time?

Social media sites and other sites that require users to form an account need to look deeper into preventing Internet fraud by enforcing better security measures. A password should be the bare minimum, not the solution. Integrating identity verification could help prevent the amount of online hacking. This would require further criteria other than an email and password in order to access account information. The more common password hacking becomes, the easier it will become and harder to prevent. Sites that want to stay ahead of the security curve need to consider building a wall between entering login information and accessing the account by investing in outside security measures. This will help prevent future hackings and unsatisfied users.

 

[Contributed by, EVS Marketing]