While there are an estimated 30,000 daily cyber attacks on business websites, there are roughly ten times as many attacks against social media accounts every single day, equating to roughly 1.4 billion accounts every month. Social media attacks and scams have become pervasive problems, with threat actors finding innovative new ways to deceive users and steal their information.
CISA issues a joint advisory on Russia’s Snake malware operation, hackers use ChatGPT lures to spread malware on Facebook, and a new phishing-as-a-service tool appears in the wild.
Social media platforms have become primary forms of communication in today’s digital world. This technology has allowed us to virtually connect with friends, family and colleagues from all over the globe. Still, it has opened up new avenues for cybercriminals to exploit users’ data. The risk of digital identity theft, financial fraud and other malicious activities increases with the use of social media.
All businesses, regardless of size or industry, are potential targets for cybercriminals. As businesses become more aware of the importance of password security in preventing data breaches, they focus on the most obvious areas of weakness, such as employee email accounts and network passwords. However, social media passwords present unique security challenges that organizations may be ill-prepared to handle.
The fact that scammers haunt Facebook and Twitter is not surprising. Even so, digital criminals don’t stop with just those two platforms. They’re also known to stalk users on LinkedIn where connections carry greater professional gravity. Fortunately, users can stay alert of such activity by familiarizing themselves with the most common types of LinkedIn scams. In no particular order, here are five such ruses that should be on everyone’s radar.