When you really boil it down, most decisions in life are all about risk versus reward. For example, riding a motorcycle places you at greater risk of serious injury in a crash, but it's also a fun, maneuverable, and economical means of transportation. In the digital space, we often face similar dilemmas where we must weigh security and privacy against convenience and other benefits.

Social media utilities such as Facebook Safety Check can be helpful during localized emergency situations.

Social media sites offer many upsides — they're a great way to stay in touch with family, share photos and videos with friends, buy and sell items, and meet others with shared interests in your area. But they also pose some concerns. Former burglars have said that sites such as Facebook and Twitter make it easier to acquire information about potential victims homes, valuables, and security systems. If your accounts' privacy settings are lax, you may be inadvertently sharing your photos and personal info with the world.

The following infographic from Panda Security shows some potential privacy concerns on Facebook and Twitter, and gives several steps you can take to reduce your risks on each platform. Click here to download a full-size version of this graphic.

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Written by Patrick McCarthy