Synopsis It may appear harmless, but you are giving away your passwords or answers to security questions. If you're ever on Twitter or Facebook , there's a chance you've seen prompts like: Date yourself with a picture of your first celebrity crush. Tell me your hilarious porn-star name with the name of your first pet and the street you grew up on. Or: Find your medieval name using the date and month of your birth. Harmless fun, right? Except you've possibly given away passwords, answers to security questions and clues to your age, where you live and maybe some of your interests — all great leads for fraudsters trawling the web for information to help them crack credit card accounts or fool people into handing over money. Fraud targeting consumers and transactions online is rising everywhere, and we all need to be smarter about not getting caught out. Banks are running fast to keep up with risks, but they need help from telecoms as well as from internet and social media companies. And legislation may be the only way to encourage their cooperation amid concerns over data privacy and commercial interests. The U.K. seems to be one of the biggest… Read full this story
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