Friends, just came across this intresting and very alarming article on Ye Kya Ho Reha Hai.Feel this article is a must read for pepole who are part of social networking sites like Myspace

Online social networking sites are skyrocketing in popularity, but now experts say those sites have become a major target for so-called "phishers," who are using these sites to lure users into their scams.

'Spear Phishing' is when the 'phishers' hone their tactics and use personal information that you have posted on these social networking sites to try to steal different financial information from users.

For example, say your profile states that you like a certain band. 'Spear Phishers' will send you an instant message or bulletin that looks like it's from that band.

But when you click it... It will load malicious code onto your program and use vulnerabilities that exist on your computer to again install these different programs that collect all your financial information.

Other links may lead to fake login pages used to collect usernames and passwords so scammers can use your profile and attack your friends. So beware of messages asking for personal information.

When on any social networking website always remember :

* Legitimate companies do not ask for personal information via email.

* Never email any account information. If you're asked to login a second time, make sure the URL is correct, and know who you're dealing with.

* Never download an attachment or click on a link from someone you don't know.

* Don't put your first or last name in your profile and don't even give it to people you know because they could not be who you think they are.

A very important way to protect yourself is to make sure your browser, operating system, anti-virus, spyware, and firewall programs are all up to date.

Being the part of a online community is great,but always remember, a cautious approach in dealing with your online buddies can save you from grave dangers of identity thefts, financial information theft and more.