10 New Social Media Scams to Watch Out For

Scams on social networks are nothing new, but they're constantly changing to keep up with and take advantage of the latest apps, trends, and news. Here are some of the most recent scams that are making the rounds.
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Image courtesy of Symantec

Tinder scams abound

Given that it's one of the hottest apps out there at the moment, it should come as no surprise that there are multiple scams that have been popping up on Tinder. One such scam involves a bot messaging a user, going through a script and, eventually, inviting them to an adult webcam show. The bot then sends a link and asks the user to click through.

"You say, 'But it's asking for a credit card,' and they say, 'Oh, it's just to make sure you're 18,'" says Satnam Narang, security response manager at Symantec. "But if you don't cancel within three days, you get charged a premium rate for service, anywhere between 40 and 80 bucks."

Then there are the fake prostitution profiles where there is text over the image saying, "GFE" (girlfriend experience) with a URL and a username. Should a user visit that address, they will be taken to an adult dating or casual hookup site. The appeal for scammers here is they can use this to monetize their scheme by way of PPL (pay per lead).

"If you end up signing up for a premium service, the scammers get even more money," says Narang.

There have also been spambots that inundate Tinder users with requests to install apps, specifically games, on their phones (see above). Again, monetization is the goal here: with every install, the scammers make more money.

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