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Social Media Is Becoming More Serious Cybersecurity Weak Spot, Firm Warns

Tom Burroughes

27 July 2022

Social media is a security weak point which enables hackers and other cyberthreats to proliferate, a provider of virtual private networks (VPNs) warns. 

, saying that managing directors and senior supervisors had used WattsApp or personal email addresses for work-related communications.

This publication was struck by how, during a Family Wealth Report summit in New York several years prior to the pandemic, a panellist was asked how to improve privacy protection and replied: “Delete your social media accounts.”

Concerns about social media have been aired for more than a decade. See this commentary from 2012, for example. 

The regulatory drive to foil cyberthreats continues, and is global. In June, for example, The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) today announced additional measures to increase security for safeguarding customers from digital banking scams.