Scammers hack into your friends’ accounts and tag you on a series of links that get automatically posted on your wall--let’s say 5 of them, one after another, within a few minutes.

Then, using your e-mail address found on your Info tab, they’ll send you an official-looking e-mail saying that “Your Facebook account has been hacked” and you need to reset the password. You believe it, because you see those 5 posts spamming your wall!

You click on the link provided to reset the password, and while you believe you do the right thing… you give the scammer all the information he needs.

How to avoid: social networking websites won’t send you a notification that your account has been hacked--they don’t care. However, you can reset your password periodically, every 2-3 months.