Cybercrime spreads on Facebook

Facebook is the online place to be. Heck, even the Library has a Facebook page. But where the people go, so do the criminals. From Reuters:

Cybercrime, which costs U.S. companies and individuals billions of dollars a year, is spreading fast on Facebook because such scams target and exploit those naive to the dark side of social networking, security experts say.

While News Corp's MySpace was the most-popular hangout for cyber criminals two years ago, experts say hackers are now entrenched on Facebook, whose membership has soared from 120 million in December to more than 200 million today.

Scammers break into accounts posing as friends of users, sending spam that directs them to websites that steal personal information and spread viruses. Hackers tend to take control of infected PCs for identity theft, spamming and other mischief.

So watch yourself out there. To that end, check out this very helpful article from AllFacebook.com: 10 Privacy Settings Every Facebook User Should Know.