The Impact of Facebook Scams and How Scammers Make Money

Malware and Phishing attacks on Facebook

It isn’t just Facebook that is prone to malware and phishing attacks. This involves Twitter as well. When a user lands on a bogus site, the user will be asked to download a (malware) file. This malware consists of programming code (scripts) that is designed to gather information. This leads to exploitation of data or loss of privacy. The gathered details, like login credentials, credit card details, can be accessed by the scammer/hacker and also allow them to gain access to system resources.

Phishing Attack
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Phishing attacks on the other hand, are designed to steal user’s credentials like usernames, passwords and credit card details. Scammers trick users by creating websites that look exactly like a Facebook login page or a Twitter login page. If you take a close look at the URL in the address bar, you will realize that you have landed on a bogus page.

However, most users do not look at the address bar before they enter their username and password. They blindly enter the details and click on login, which will then be emailed to the hacker, and you will then be redirected to the original page where you will have to login again.

That way, the hacker will gain access to your account and will try to hack your other accounts as well. So before logging in to Facebook, Twitter, Gmail or any other page, make sure that you are logging in at the right place!

I hope this article has helped you understand what a scam is, how it spreads and what consequences you would face if you fall for the trap by clicking on scam messages.  Henceforth, you know what to do when you come  across  a scam message. Delete it!

P.S. Facebook has officially  launched  a 14 page document called Guide To Facebook Securitywhich will help its users understand the social network’s security features and possible ways to protect  their  account from threats like malware and phishing attacks. It also includes tips on how users can avoid  click-jacking  and like-jacking scam messages and scam apps.

2 thoughts on “The Impact of Facebook Scams and How Scammers Make Money”

  1. Uggh. I gotta say, as techie as you guys look, you still don’t understand the difference between “hacker” and “cracker”. That really bugs me. Good article, wrong terminology.

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