True Cybercrimes
September 2, 2010 – 3:16 pmAs social media gains popularity in our common lives, protection of our identity becomes paramount. One who is more of a dilettante to viral socializing may just decide to deactivate themselves, which is fine. Others who value social media as a portal to entertainment and interaction plan to investigate their privacy rights according to the website policy, seeking loopholes in data accessibility in order to close them. 
The advancement of smartphone technology will only intensify the sharing of personal information across hardware and channels, so diligence need apply. We are already seeing this with the development of geolocation, a practice where one can update their point on Earth in real time. Security concerns have been shared on this space and the cyberworld, so delving in farther is unnecessary.
Despite all of this emerging concern with the increase of channel platforms to transfer data between your laptop, mobile phone, video game console, and the like, the public remains concerned about traditional cybercrimes such as identity theft. Banks remain the least trusted business, according to recent survey done by Kindsight. I have heard stories about security fraud in the past and present, as banks would infiltrate their customers with phishing messages while touting the finest security emblems on their webpage. Credit histories are at stake when e-commerce transactions go haywire. When it comes to banking, however, many people have lifestyles today that do not permit the time to wait in a teller line for routine transactions. Larger firms, in light of the financial settlement passed by Congress, have taken steps to mitigate this personal service by assessing fees. It will affect several demographics, namely senior citizens who are not technologically efficient. This situation deserves monitoring by all, as the restrictive legal elements have yet to make a measurable impact.
Millennial who are savvy with their hardware and software easily make the adjustments necessary to protect their personal identity online. Others struggle with the societal shift to online distribution of personal data, and whether they become successful remains to be seen.

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