Millennials posting pet pictures on Instagram are at risk of fraud, Santander warns

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Millennials posting pet pictures on Instagram are at risk of fraud, Santander warns
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Millennials posting pet pictures on Instagram could be at risk of fraud and financial scams. (via CNBCMakeIt)

Lady Gaga's French bulldog has its own verified account with 233,000 followers, while singer Taylor Swift – who has 119 million followers – regularly posts pictures of her pet cats.Santander also criticized famous Instagram users for sharing their date of birth online.

British musician Ed Sheeran, who has more than 30 million Instagram followers, posted pictures on the social media site on his 28th birthday in February.The research also found half of 18 to 24 year olds used the same password for multiple websites, with only 12% of under 25s regularly updating their login details for websites where they had shared personal details. A further 78% said they did not know how to protect themselves from identity theft.

"Make sure you get the balance right and don't give fraudsters an easy ride. Check your privacy settings are on, stay vigilant and consider what you're giving away before hitting post," he said.Santander shared four tips to avoid dangerous oversharing on social media, which were collated by social media expert Jodie Cook.Cook advised Instagrammers to try not to share ages or dates of birth when posting pictures of birthday celebrations.

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