3,200 Reported Account Hijacking on Facebook,Twitter

If you're on Facebook, Twitter or any other social networking site, you could be the next victim.
That's because more cyberthieves are targeting increasingly popular social networking sites that provide a gold mine of personal information, according to the FBI. Since 2006, nearly 3,200 account hijacking cases have been reported to the Internet Crime Complaint Center, a partnership between the FBI, the National White Collar Crime Center and the Bureau of Justice Assistance

Continue reading:
http://edition.cnn.com/2009/CRIME/10/19/social.networking.crimes/index.html?iref=mpstoryview

From the article:

How to protect yourself against social media scams:
- Change your passwords frequently
- Adjust Web site privacy settings
- Be selective when adding friends
- Limit access to your profile to contacts you trust
- Disable options such as photo sharing
- Be careful what you click on
- Familiarize yourself with the security and privacy settings
- Learn how to report a compromised account
- Use security software that updates automatically

(Information provided by FBI and Internet security experts)