Discovery, analysis and cybersecurity intelligence
Social media is now more prevalent than the air that we breathe. People make use of Facebook, Instagram, Twitter, and a host of other platforms to keep in touch with their loved ones and friends, keep up-to-date with the latest information as well as meet up with people around the world.
Social media phishing can be described as a form of scam whereby victims are offered a tempting offer to click on a malicious link or give personal details. The primary method of attack used for “normal” phishing is via email; however, social media phishing can be – you’ve guessed it – mostly executed through social media websites.
The rise of social media phishing could be mostly due to the growing reach of social media firms.
Each is extensively branched out with more options and integration with other applications. If you’re looking for a phisher, social media is not just an immense number of victims and a wide variety of ways to get in.
The data hackers collect the login details for your social media accounts, credit card information, and other personal information, which can be later used to launch other attacks and scams.
For instance, you can have your birthday or social security number, middle name or mother’s maiden name, and so on, along with a well-informed guess of where you have retirement or bank accounts, they are able to reset your password and take your accounts. A majority of this information can be readily available on social media sites.
Scammers are able to use Facebook to target thousands of individuals at once while also mingling with the masses. What makes social media popular with scammers is the sheer volume of people who are on social networks:
SOCIAL MEDIA PHISHING SCAMS BY NUMBERS
The huge number of users on social media is now evident in social media phishing scams. Here are a few additional techniques:
EXAMPLES OF SOCIAL Phishing Scams
Here are a few of the most popular social media scams that are currently in circulation:
Fake Customer Service accounts for fake customers on Twitter
“Fake” comments are made on the most popular blogs.
In 2016 a Facebook fraud resulted in the loss of one Australian woman, around $450,000. The perpetrators set up a false doctor’s Facebook profile — with a picture of their profile stolen from a real doctor. Then they gave the victim a request to be a friend. After gaining the trust and confidence of his victim, who accepted the friend request and the “doctor” claimed he accidentally attempted to get into Australia using $1.5 million in customs funds during a trip. The victim requested cash, saying that she urgently needed $3,000 to receive the money-back to her. The victim agreed to pay and followed up with a series of additional payments to pay for the extra charges. When he realized he was fraudulently scammed, he’d completed 33 installments in all.
TIPS FOR AVOIDING VICTORY OF SOCIAL Phishing
You can avoid becoming a victim of scams involving phishing by following these top practices:
In the case of an email that is phishing, the best way to avoid an attack is to be aware before clicking. The phrase “clickbait” has a reason. The best phishers utilize their expertise to lure you with hyperlinks that don’t just grab you’re attention but also encourage you to click immediately.