According to Trend Micro, 16 percent of Facebook users check their privacy settings each month. This is seriously disconcerting because security experts say privacy settings can change as new features are added to the platform. Facebook has a privacy shortcut tool at the top right of any Facebook page that gives users the ability to quickly adjust some of the most widely used privacy settings. More in-depth privacy settings can be found by clicking on the settings icon in the top right-hand corner of any Facebook page and selecting privacy settings from the drop-down menu. Knowing who can view and respond to your posts and photos is the first step in avoiding a costly mistake.