Twitter and Facebook users face higher insurance premiums

Facebook and Twitter users could face bigger insurance premiums because they are inadvertently telling ‘digital burglars’ when to target their homes.

Insurer Legal & General has warned that users of social networking sites are posting personal details like their address online and then updating the sites with details of when they are holiday.

It is an open invitation to ‘intelegnce gathering burglars’ to target the address for easy pickings, a report commissioned by the Insurer Legal & General. The Digital Criminal report says our need to inform our friends of every mundane detail of our lives is storing up trouble.

The report also warns websites such as Google Earth are making burglars’ lives much easier, once they have identified a user’s address, they can use the internet mapping service to case the property.

The report was compiled by reformed criminal Michael Fraser of the BBC’s Beat the Burglar. Legal & General says the insurance industry is monitoring the risk and premiums may rise accordingly.

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Written By Ted on 2009-09-21 18:08:59