Final answer:
Identity fraud is common on social media due to the extensive personal information shared and the interaction with strangers, which creates opportunities for fraudsters. The Pew Research Center confirms growing online privacy concerns and the negative effects of scams, fake news, and high-profile data breaches on user security.
Step-by-step explanation:
Identity fraud is more common among users of social media because these platforms are where people frequently share personal information, connect with others, and conduct business. The Pew Research Center has found that with increased online activity, concerns about the amount of personal information available online have surged. Issues such as online harassment and the theft of sensitive information like Social Security numbers contribute to the risk of identity fraud. Furthermore, because people are in contact with unfamiliar individuals when job searching, this exposes them to scams and identity fraud. Additionally, the misuse of social media platforms for spreading fake news and disinformation can aid fraudsters in manipulating users, compounding the problem.
The security of personal information is a major concern, with high-profile data breaches in corporations and governments illustrating the potential for identity theft. As tools like social media evolve, so do the tactics of those intent on exploiting personal data. The interactivity and perceived anonymity on social media provide easy avenues for those with criminal intent to access and misuse users' personal details. Legislative bodies are also recognizing the need for greater control and censorship over social media content to curb these risks.