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Forbes: Shoppers Face A Growing Risk From Cybercrime And Retailers Must Do More
October 10, 2024
The Electronic Privacy Information Center (EPIC) warns that since social media platforms make their money selling personal data about people’s activities, interests, political views, purchasing habits and online behavior to advertisers, it makes anyone engaged on a platform vulnerable to cybercrime.
“The massive stores of personal data that social media platforms collect and retain are vulnerable to hacking, scraping, and data breaches, particularly if platforms fail to institute critical security measures and access restrictions,” EPIC reports.
“Although social media companies typically publish privacy policies, these policies are wholly inadequate to protect users’ sensitive information,” it continues.
Read more here.
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