Security of Social Media Lags Despite Strong Upturn in Cyber Crime

Late last month, cyber crime whacked yet another large brand. On the evening of July 29, Capital One , the nation's largest issuer of credit cards and the 10th largest bank by assets, issued a statement that millions of its accounts were compromised. While brands are concerned about their sites and servers, few seem to take seriously the security of their social media platforms, a new study finds.