Facebook scammers have many strategies to fool users, but one of the easiest is impersonating someone they already trust — or a prominent financial institution. This week, the Malaysian stock exchange Bursa said that it has been relentlessly targeted by these Facebook scammers who have impersonated both the exchange and its CEO in order to…

If you’ve used Facebook for any length of time, you know that fraud and scams are all too common on the platform. While many users tolerate this, some experts and lawmakers in the UK have had enough and are demanding the company take more responsibility for its users falling victim to scammers. In particular, many…

When Facebook introduced its paid blue check verification system, the goal was to reassure users that the accounts they interact with are genuine. However, according to a report from Mashable this week, that system may have already backfired. A number of verified Facebook business pages have allegedly been hacked, with their names and URLs changed…

It’s no surprise that an increasing amount of financial scams are happening on Facebook. However, the sheer number of users who are being taken advantage of is shocking. According to a review of its internal data, the bank TSB says that 80 percent of fraud cases within its three biggest fraud categories came from Meta-owned…

This week, a team of security researchers announced that they have discovered a massive malware campaign running through Facebook Ads that has infected about half a million users around the world over the past three months. This campaign, which has been traced to a Vietnamese cybercriminal, uses Facebook Ads promoting free porn to entice users…

This week, a team of security researchers revealed that they have found more than 3,200 scam Facebook profiles that are impersonating the social media giant itself in order to steal users’ account credentials. This relatively simple scam involves hackers creating phishing websites that look like the main Facebook log-in page. Then, they target the accounts…

It’s not unusual for Facebook scammers to take advantage of buzz around a new product or technological breakthrough to fool unsuspecting users. And according to a team of security researchers, the latest such attack involves ads placed through hijacked Facebook business and community pages for downloadable AI tools. According to the researchers’ report released this…

Another month, another rapidly growing Facebook scam. According to multiple reports around the web, a new attack has begun to spread that has been dubbed the “Lily Collins Hack.” The reason? After the hack’s victims have been locked out of their accounts, their names and profile pictures are changed to the actress. And to make…

Facebook is often criticized by consumer advocates for not doing enough to crack down on fraudulent ads on its platform. Many of these critics have even accused the social media giant of dragging its feet on this enforcement because it’s profiting from this content. However, it’s unusual for large companies to take this stand, too.…

Facebook Marketplace is an excellent tool to connect users looking to buy and sell goods. Unfortunately, it’s an equally good platform for scammers to take advantage of unsuspecting people. In northern Minnesota, law enforcement officials have even gotten involved trying to stop a hacker from selling fake Taylor Swift tickets. The victim whose account has…