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This article explains how the danger could be in the gadgets that you place on your site. Gadgets are little mini-applications that give you additional functionality. But if a gadget it created by someone trying to steal identities, it could give them access to your personal information.
Social networking sites aren’t the only ones that use gadgets to add functionality, either. Google’s personalized home page and now even Windows Vista uses gadgets. Use caution when downloading or enabling them, though, because you never know when you might be opening your personal information up for collection.
http://idtheft.about.com/b/2008/05/12/is-social-networking-safe.htm
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