This was an interesting article on Social Media and cyber crime. Social Media and Crime | Social Media Today. The accompanying info-graphic paints a picture of how much over-sharing we do on social media and the ways it can open us up to be victims of crime.
This and other articles out there point out the need to better understand your privacy settings. This is true. Understanding and using the privacy tools available is a good first step. Privacy settings, however, come and go at the whim of the social media company that created them. In that sense they are not a good line of defense.
Aside from giving up social media all together, the best line of defense is to not put information out there you do not want public in the first place. Once you put something out there it is there to be shared, privacy filters or no privacy filters.
Copyright Digital Design Digest 2013