Which are you more concerned about from an internet security stand point, honestly? Your Facebook account or your bank account? According to a recent study conducted at Forbes, if you answered ‘your bank account,’ you are wrong.
After tracking and analyzing conversations on the world wide web, Forbes Insights found that cyber attacks on bank accounts account for only 2% of the conversations that are being had around cyber attacks in general, right now, on the internet. While this doesn’t seem right when you first think about it, it does actually make sense.
Think about your Facebook account: it’s a very public page and forum for you and your friends to share events, memories, and thoughts. Now think about your bank account: it’s not something that you even discuss with your friends because it’s much more private. The same logic works for the hack attacks, a Facebook hack is a very public event – embarrassing things get posted to your wall, you may end up accidentally spamming your entire friend list and so on. Whereas a bank hack is much more private, no one will be aware of the hack unless you choose to share it with them. And while the implications of this attack can be far greater with a Facebook hack, it is not nearly as public. For this very reason, one might argue that the percentage of conversations happening online around bank or credit card hacks would be greater, as it’s not something that is not easily discussed with peers. It just goes to show you that Facebook and its social currency is perhaps worth more to some than their monetary currency.
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