USA Today takes a look at Facebook and has suggestions for privacy settings that you should check if you use the social-networking site:
Facebook has a group of recommended settings. It only takes a couple clicks to select them. However, doing so will likely share more information than you would like. That’s why you should customize your privacy settings.
Friend list, education and likes
You may not worry about sharing certain information on Facebook. For example, you may be sharing your friends list and your education. However, snoops can tell a lot about you from this information. And others can use it to trick you into friending them.
To hide your friends list, education and work and likes, click Account>>Privacy Settings. Click View Settings under Connecting on Facebook. You’ll see the options for these items. Set each to Friends Only.
Birthday, address and phone number
It is more obvious why you want to hide other information on Facebook. These are items that can be used to steal your identity. They can also invite unwelcome contact from strangers or casual acquaintances. I’m talking about items like your birthday, address and phone number.
To learn more, read the full article.