ADVERTISEMENT
TechEconomy
Tuesday, May 20, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Social Media: Report Shows Spike in Identity Fraud

Social Media: Report Shows Spike in Identity Fraud

…Cybercriminals Exploiting Personal Data on Social Platforms

Destiny Eseaga by Destiny Eseaga
May 20, 2025
in Security
0
social media blogging and death of influence | Identity theft
Social media icons

Social media icons

RelatedPosts

Ikot Ekpene Declaration

Ikot Ekpene Declaration: Nigerian Judges Commit to Upholding Global Digital Rights Standards

May 20, 2025

Mart Networks Unveils Comprehensive Cybersecurity Offering Tailored for Fintechs

May 19, 2025

Latest report indicate that 85% of adults globally want to do more to protect their online privacy, which is a key concern in 2025 amidst rising cybercrime and the rapid development of AI technology.

However, with 5.24 billion of the world’s population using social media, online privacy has never been more at risk.

In light of this, AI prompt experts AIPRM have revealed key risks associated with oversharing on social media, from putting your privacy at risk, to damaging your personal and professional reputation.

They also offer practical tips on how to keep yourself safe online and protect your digital footprint, with expert commentary from Christoph C. Cemper, founder of AIPRM.

Five dangers of oversharing on social media

1. Identity theft 

A new fraud report has revealed that 421,000 cases of fraud were filed to the National Fraud Database (NFD) in 2024, the highest number on record, and identity fraud remains dominant as criminals favour impersonation tactics.

Concerningly, social media pages and accounts host a gold mine of personal information for criminals such as names, date of birth, home location, places of work, and even the details of our family and friends.

If criminals access this information, you can become susceptible to identity theft, as the fraudsters can use your personal details to impersonate you and gain access into your accounts, or even create new accounts in your name, such as bank accounts. In some cases, they may even manipulate your family and friends into sharing their data through identity theft.

Christoph C. Cemper advises:

“The host of readily available personal information on social media has made it even easier for criminals to carry out identity theft, and with the rise of AI’s capabilities, this is even quicker to do. By combining real data with fabricated details, AI can be used to generate realistic IDs, official documents, or utility bills. This makes identity theft much harder to detect. That’s why it’s crucial to think carefully about what you share online – not just to protect your own privacy, but also the security of your family and friends, who could be targeted by a fake version of you.”

2. Social Engineering and Financial Scams

Social engineering often involves attackers creating fraudulent social media profiles and using these to impersonate a trusted or legitimate individual or organisation.

Through this, they can psychologically manipulate victims into sharing information or clicking on links that are unsafe and contain malware or scams.

If scammers gain a user’s trust, they can then gain access to personal information, or even cause significant financial losses and personal data breaches.

United BANK

Christoph C. Cemper states:

“It is vital to be wary of who you follow and interact with on social media. With deepfakes and AI becoming more prevalent and advanced, it is hard to tell if you are talking to a legitimate person or an attacker. Always be cautious when engaging with people on social media, and if they claim to be someone you know, be sure to ask them personal questions that only they would know the answer to.”

3. Deepfakes and Voice Cloning

Scammers need just three seconds of audio to clone a person’s voice, and with so many videos available on social media, it is becoming even easier for criminals to generate voice clones. Similarly, the wide array of selfies on social media has fuelled AI- powered scams.

From just a single image of your face, fraudsters can use AI to create a full photo, complete with a natural looking background and other aspects that appear authentic.

“Deepfakes are becoming widespread, and with our voices and images often available on social media, millions are at risk of becoming victims. To protect yourself, make sure that those you follow on social media and allow to view your content are people you know and trust. Having a publicly open profile increases your risk of being targeted. If you think you have been a victim of a deepfake, contact your local fraud centre as soon as possible to report it.”

4. Reputation damage

Oversharing on social media also carries the risk of personal or professional reputation damage. Engaging with the wrong things on social media can create a negative image of the user.

Not only are there risks in sharing inappropriate posts, or negative comments, there are also risks associated with interacting with or sharing  fake news which circulates rapidly on social media, spreading much quicker than real news.

“Malicious actors can spread misinformation and disinformation, which is notoriously hard to spot online.  Many people have fallen into the trap of engaging with this content, whether it be an AI generated image, or a fake article. Always fact check any news or sources you see on social media via trusted and reputable  sites, as unverified online information could be fake, and may even include fraudulent links.”

5. Dangers of oversharing about your child

Often known as ‘sharenting’, it is becoming increasingly common for parents to share information on their children via social media. However, there are dangers involved in this, as it instantly creates a digital footprint for your child, which can be used by criminals for harmful purposes.

For example, geotagging an image of your child can reveal the local area in which they may live or places they go to regularly.

Sharing their name, age, and photos can expose them to identity theft, allowing criminals to utilise their name to open fake accounts. There are also inherent social media dangers of potential cyberbullying and harassment.

Christoph C. Cemper advises parents to be vigilant:

“Cyber crime is rising rapidly, and exposing your child’s details online could see them fall victim to fraud or other crimes. If you want to share images or details on your child’s activities, it is always best to do this in private group chats with people you trust. I would always advise avoiding sharing this information on social media, due to the risks involved. If you do share information about your child via social media, ensure this is to a small, trustworthy following, and is not publicly available. Be sure to limit the information that you share about them and their whereabouts.”

Loading

United BANK
0Shares

Tags: DeepfakesIdentity TheftSocial MediaVoice Cloning
Previous Post

From Cape Town Startup to Industry Disruptor: How Parket is Rewriting the Rules of Parking

Next Post

QR Code Payments Market Set to Boom at 18.7% CAGR

Destiny Eseaga

Destiny Eseaga

My name is Destiny Eseaga, a communication strategist, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader world context. My passion lies in the world of finance, particularly, capital markets, investment banking, market intelligence, etc

Related Posts

Ikot Ekpene Declaration
Security

Ikot Ekpene Declaration: Nigerian Judges Commit to Upholding Global Digital Rights Standards

by Peter Oluka
May 20, 2025
0

In a strategic move to strengthen the protection of digital rights, Judges of the Federal High Court and National Industrial...

Read more
Invinsense by Infopercept: Cybersecurity Offering Tailored for Fintechs

Mart Networks Unveils Comprehensive Cybersecurity Offering Tailored for Fintechs

May 19, 2025
Scattered Spider Behind UK Retail Attacks Now Eyeing U.S. Targets — Google Warns

Hackers Behind UK Retail Attacks Now Eyeing U.S. Targets — Google Warns

May 15, 2025
Sophos MSP Elevate

Sophos Accelerates Business Growth and Profitability for MSPs with the Launch of MSP Elevate Program

May 15, 2025
CyberDome and Cato Networks

CyberDome and Cato Networks Collaborate to Deliver SASE in West Africa

May 12, 2025
Sophos warning about Chinese Cars -

Sophos Warns of Risk of Data Theft as Chinese Cars Flood France

May 7, 2025
Next Post
QR Codes Payment Market -

QR Code Payments Market Set to Boom at 18.7% CAGR

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.