Facebook Warns Members About Rise in '419' Scam

More and more fraudsters are harvesting the log-in data of Facebook members in order to impersonate them and ask their friends for money, according to the social-networking company.

By Juan Carlos Perez

Wed, September 30, 2009 — IDG News Service — More and more fraudsters are harvesting the log-in data of Facebook members in order to impersonate them and ask their friends for money, according to the social-networking company.

The scammers use phishing techniques to trick Facebook members into providing log-in information. For example, fraudsters often send legitimate-looking e-mail messages purporting to be from Facebook that ask members to visit a Web page and enter their log-in credentials. They also post messages on members' profile Walls with links to supposed video clips or photos that really lead to phishing Web sites.

Once scammers can log in to someone's Facebook account, they often engage in what Facebook calls a "419" scam: pretending to be the member, they send messages to the person's friends asking for money.

In a "419" scam, fraudsters usually ask that the money be wired to them using Western Union, saying they're stranded and penniless in a foreign country.

There has been an increase in "419" scams recently, although the number of Facebook members who have been affected remains low, the company said Tuesday in its official blog.

Facebook is working with Western Union to raise awareness about the scam, implementing technical measures to better detect and deal with the issue and collaborating with law enforcement agencies and e-mail providers to identify the criminals.

It's no surprise that cyberthieves are attracted to Facebook, where more than 300 million members worldwide post a lot of personal information, much more than on other sites.

If malicious hackers gain access to someone's Facebook profile, they will likely learn not only the person's full name, but probably also their date of birth, place of employment, education history, marital status, phone numbers and addresses, as well as get the chance to contact hundreds of family members, friends and professional acquaintances.

Even if someone's Facebook account isn't compromised, security experts warn people to be careful about the information they post on their profiles and who they share it with.

Although Facebook gives its members very granular access controls over their profile content, the company has admitted that its privacy features can be confusing to understand and complicated to manage. For that reason, Facebook announced in July that it would simplify its privacy options, an initiative that is still in progress.

Facebook

Loading...
Security MarketSpace
Practical Approaches for Securing Web Applications
Enterprises understand the importance of securing web applications to protect critical corporate and customer data. What many don't understand, is how to implement a robust process for integrating security and risk management throughout the web application software development lifecycle. Learn more »
An Executive's Guide to Web Application Security
Since so many Web sites contain vulnerabilities, hackers can leverage a relatively simple exploit to gain access to a wealth of sensitive information, such as credit card data, social security numbers and health records. It's more important than ever to examine your Web application security, assess your vulnerability and take action to protect your business. Learn more »
Web Application Vulnerabilities
Security managers may work for midsize or large organizations; they may operate from anywhere on the globe. But inevitably, they share a common goal: to better manage the risks associated with their business infrastructure. Increasingly, Web application security plays a significant role in achieving that goal. Learn more »
Retooling IT for a Mobile Workforce
Check out this research note from IDC for guidance. Learn more »
Today's Risky Data Environment
This paper explains how an IT and security service provider can provide a practical, manageable and reliable solution. Learn more »
Business Continuity - Are You Always Open for Business?
This Oracle business brief explains how mid-sized can improve performance by creating an IT infrastructure that makes working faster, easier and more effective. Learn more »
 
SPONSORED LINKS
 

Making Consumer Two-Factor Authentication Simple and Cost-Effective

Mining the Cloud to Ease the Enterprise Compliance Burden

Solve Five Key IT Security Challenges with Cloud-Based Authentication

White Paper: Managed Security for a Not-So-Secure World

Secure Email and Web-Based Communication from Evolving Attacks

WagerWorks Takes Fraudsters Out of the Game using iovation

White Paper: A Security Blueprint Delivered From within the Network

Return on Information: Google Enterprise Search pays you back

Cut Costs & Green Your IT Operations with PC Power Management

White Paper: 4 Customer Service Myths

White Paper: Improve Agility with Operational Responsiveness

White Paper: Legacy Tools: Not Built for the Helpdesk

Taking a Seat at the Executive Table: The Reality of Virtualization

White Paper: Next Generation Remote Infrastructure Management

Seven Design Requirements for Web 2.0 Threat Protection

Increase UPS efficiency without sacrificing protection.

Learn how advanced forecasting tools can deliver significant business results for global corporations.

Lower IT Costs with Oracle Database 11g Release 2

White Paper: Visibility and the New Normal of Mobile Work

Taking the Service Desk to the Next Level

Learn about The Information Technology Infrastructure Library.

Return on Information: Google Enterprise Search pays you back. Get the facts.

VMware. The source for Business Infrastructure Virtualization.

ShoreTel tells businesses to untangle from competitors' complexity and turn to its brilliantly simple UC solution

Top Five CIO Challenges

Authentication as a Service by Forrester Research

Cloud-Based Authentication for Next-Generation Extranets

Mobile Security: The Essential Ingredient for Today's Enterprise

IDC White Paper: CCM for IT Compliance and Risk Management

Keeping Your Members Safe from Online Scams and Predators

Learn about the growing threat of insider data theft.

Upgrading to VMware vSphere with vWire

Maximizing website Return on Information with high-quality search

See how AT&T can help protect your network.

Webcast: Unleashing the Power of Customer Data

White Paper: 5 Best Practices for Smartphone Support

Global Research: CIOs Weigh In On Virtualization

5 Key Virtualization Management Challenges

The Total Economic Impact of Network Security Intrusion Prevention

Generation Remote Infrastructure Management - Changing the Paradigm

Cloud-Based Email Management: Opinion Shifts In Favor

eBook: How Can You Make Your People Productive Anywhere?

Achieving Business Agility with Application Grid

Ready to virtualize tier one applications? Check your virtualization maturity.

Seven Ways ITIL Can Help You in an Economic Downturn

Tips for successful virtualization management.

AT&T Synaptic Storage as a Service. Expand on demand

Trend Micro ranked #1 against real-world malware. Read more.

Webinar: Jump-start your in-house e-discovery with Ringtail QuickCull from FTI Technology

Streamline IT Costs. Boost Performance with WAN Optimization.

 
 
RESOURCE CENTER