Sharing is how we spread and gain knowledge nowadays. It is also a great way for us to become sociable. However, putting too much personal information online, could cost you your insurance benefits.
Insurance companies apparently found yet another way to reduce their losses. An article by the UK’s Daily Mail claims that in the future claims could be rejected if customers had been ‘reckless’ with information they posted online. A spokeswoman for Hiscox Insurance admits it would consider rejecting applications outright from celebrities who write about their personal lives on Twitter because they are making themselves vulnerable to being targeted.
Simply posting a picture of your car, or details about which phone network you use, is now enough for many scammers to be able to hack your computer and steal your bank details within minutes.
One example given included a man who faced losing thousands after a picture of his new car posted online gave scammers enough detail to trick him into opening an email, which appeared to be from the DVLA.
‘One friend of mine recently updated his status to say he was annoyed with his phone network. A hacker could easily use that information to then get hold of your email address and send an email which looks official saying, “we’re sorry you have had a bad experience, please click on this link for some money back”.’, Oliver Crofton, online security expert, said.
In my option, sharing is great! Let’s face it, it is here to stay. Sharing helps to build trust, allows us to connect with friends and family and even find help, such as buying advice, when needed. It is our responsibility to decide what information we share and with whom. But, too much personal data shared with the wrong crowd can get you into serious trouble.
With Facebook timeline, it is so easy to find out what you were doing and when, it becomes even worse if you Geo tag you status post. The good news is you can turn Facebook Timeline completely off (You’ll find those settings under Privacy Settings > Timeline and Tagging). Next time, before you click the “share” button, ask yourself “What if hackers know this?” The same holds true for Twitter or many photo sharing applications.
Sharing could come with a cost!
Read more: http://www.dailymail.co.uk/news/article-2192377/Scammed-Facebook-users-lose-insurance-claims-post-information-online.html