Scam Watch

Facebook Loophole Has Allowed Scammers To Steal Millions

Facebook Loophole Has Allowed Scammers To Steal Millions

As the largest social media platform in the world, Facebook is often abused by cybercriminals looking to make a quick buck. That’s why the tech giant has placed such an emphasis on security measures like two-factor authentication to protect its users. However, according to a report in CyberNews this week, hackers have found a basic…

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Better Business Bureau Advises Against Sharing Graduation Photos On Facebook

Better Business Bureau Advises Against Sharing Graduation Photos On Facebook

Just in time for high school and college graduations across the country, the Better Business Bureau (BBB) weighed in this week with a sobering piece of advice for students — consider not posting photos or info about graduation on Facebook. According to the consumer protection agency, hackers can easily use your school name and graduation…

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Consumer Reports Warns Facebook Users About The Latest Scamming Tactics

Consumer Reports Warns Facebook Users About The Latest Scamming Tactics

As the largest social media platform in the world, Facebook is a fertile breeding ground for scams and malware. And the cybercriminals behind these cons are constantly adapting their methods to stay ahead of Facebook’s security. That’s why, this week, Consumer Reports published a blog post educating users on how to avoid falling for these…

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Fake Grocery Giveaway Spreads On Facebook Before Christmas

Fake Grocery Giveaway Spreads On Facebook Before Christmas

Because of its size and reach, Facebook is an unprecedented tool to connect people across the globe. However, those same traits also make it an ideal platform for cybercriminals to target scams at as many people as possible. And unfortunately, these crooks often strike around the holidays to take advantage of peoples’ neediness and goodwill.…

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Report: Hacked Facebook Accounts Are Being Used To Buy Scam Ads

Report: Hacked Facebook Accounts Are Being Used To Buy Scam Ads

Having your Facebook account hacked is bad enough. However, according to a recent report from CNET, some cybercriminals are adding insult to injury by using hijacked accounts to purchase tens of thousands of dollars-worth of scam advertising. While this kind of attack only affects users who are ad account owners, this is still a financially…

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Report: Facebook Has Failed To Clean Up Fake Product Reviews

Report: Facebook Has Failed To Clean Up Fake Product Reviews

The Facebook platform was designed to connect people from around the world based upon their common interests. And while that can be a beautiful thing, it can also lead to the site being used to facilitate some pretty shady business. One of those thriving underground online markets involves the sale and trade of fake product…

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U.S. Congressman Presses Facebook To Do Something About Romance Scams

U.S. Congressman Presses Facebook To Do Something About Romance Scams

Facebook is rife with scams that use fake accounts to prey on people, talking them into a romantic relationship and coercing them to send money. However, many of these fraudulent accounts use the names and images of real people — leaving the identity theft victim frustrated, confused and powerless to stop their likeness from being…

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Facebook Cryptocurrency Scams Are Already Taking Off

Facebook Cryptocurrency Scams Are Already Taking Off

Many privacy advocates and lawmakers were skeptical when Facebook announced it was rolling out its own cryptocurrency called Libra. For a company with so many privacy problems, trusting it with financial information seemed unwise. It could be obtained by hackers, accidentally leaked to third parties or taken advantage of by scammers. Unfortunately, some of those…

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Facebook Rolls Out Tool For UK Users To Report Scam Ads

Facebook Rolls Out Tool For UK Users To Report Scam Ads

Last year, consumer advice personality Martin Lewis filed a defamation lawsuit against Facebook regarding scam advertisements on the platform that used his likeness. However, he withdrew the suit when Facebook announced it would add a scam reporting feature and help fund a scam advice and prevention service. Finally, Facebook rolled out these long-promised features this…

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Private Messages Stolen From 81,000 Facebook Accounts By Browser Extension

Private Messages Stolen From 81,000 Facebook Accounts By Browser Extension

Facebook reportedly suffered another major data breach this week, though this time it wasn’t the company’s fault. According to a report from the BBC, hackers stole the private messages of 81,000 accounts and are now selling access to them for $.10 per account. The perpetrators behind the alleged attack first contacted the BBC Russian Service,…

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