There is a lot of hue and cry after Facebook recently announced changes in its privacy policy.
I was asked by couple of my friends questions like:
- What does it mean for facebook users?
- Do I need to stop using facebook?
- Is Orkut any better?
Reading the privacy policy, the major cause for concern is that Facebook allows search engines to index your profile pages.
So should you stop using facebook? YES, if you can 
. If not, following the below guidelines can help reduce the risk upto an extent.
- Review your privacy settings on facebook
- Set everything in there to be viewed by “only friends”
- Do not “Accept” any friends unless you know them
More detailed information and how to better configure privacy settings are here 10 Privacy Settings Every Facebook User Should Know
Lastly, go watch this video and know for yourself how your information on facebook can be used by fraudsters.
Let me know what you think.