A report from an expert in online piracy has come up with its theory of five dangers of sharing information on any Social Networking site.

It was the novel concept of Joan Goodchild, senior editor of CSO (Chief Security Officer) Online who states that marketing efforts by a company hinders with the account holders' privacy bringing mayhem, reports CBS News.

The five potential risks which come with sharing of information are; sharing your information with third parties, privacy settings lessened with each redesign, ads to contain malware; friends make you vulnerable and a risk of fake profile from scammers.

The above information remains restricted to Facebook, but other sites too pose the same threat. Therefore, keep a vigil on what you post on the social networking sites.