Which?, the UK based consumer group has discovered in its recent survey that hackers and scammers are seen selling stolen digital personal & financial details on social media platforms such as Facebook, Twitter, Instagram, and WhatsApp.
The data which is being sold includes credit card details, compromised credentials of Netflix, and Uber eats user accounts, Google ad-related identifies social media profile data and fake passport numbers.
The purchased data will be used by cyber crooks in cyber scams and blackmail related digital campaigns.
Quoting some details about a Facebook profile related to a man from Yorkshire, Which? reported that the full identity and financial information of that person were sold on FB for a handsome amount.
And since it doesn’t dilute any community posting standards, FB said that it cannot remove the post related to the man without the account admins permission.
On the other hand, Instagram and Twitter are all set to filter such content provided it was brought to the notice of its content moderation bots.
Note- In the first week of April 2020, speculations were rife that hackers who stole account details of more than 267 FB users early this year we’re selling the same on Dark web. And the stolen info includes passwords, email addresses, phone numbers, interests, and geographic location. Security analysts say that the stolen details can be used in phishing campaigns or to spread malware like ransomware via email accounts and messages.