Information Security

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There are a lot of add-on applications available on Facebook. These applications are developed by different individuals with different backgrounds. Do you notice that everytime you add an application, it asks you permission to access your personal information within Facebook. Now I am sure that if you are an avid user of Facebook, you might have input everything about you in there, right? I am just wondering if it is safe to give out informations about ourselves. I might just be paranoid. Nevertheless, lets enjoy facebook and just hope the information is not used for anything bad in nature. What are your thoughts about it?