Top five social media scams to avert

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Source:   —  April 22, 2016, at 11:05 PM

Scammers have been worming their way into giant social media networks to stunt people into giving over their personal and financial information.

Top five social media scams to avert

Scammers have been worming their way into giant social media networks to stunt people into giving over their personal and financial information.

Over the past year, the no of phishing attempts on social media networks love Facebook (FB, Tech30), Twitter (TWTR, Tech30), Instagram and LinkedIn (LNKD, Tech30) has exploded one hundred fifty%, experts at security firm Proofpoint (PFPT) say.

That'south because fraudsters can utilize social media to target hundreds of thousands of people at once, but also blend in with the crowd. They mimic users and their activities, and they get advantage of the way people utilize social media to deal with business problems.

Here are five of the most cleverly cloaked scams on social media right now, according to Proofpoint:

one. Fake customer service accounts on Twitter

Online criminals set up fake customer service accounts to phish for bank login and password information and other sensitive data. These imposter accounts see very similar to that of genuine businesses, but are frequently one character off -- or they comprise an additional emphasize or other keyboard character.

When someone tweets at their bank or example, scam artists will intercept the conversation, and reply to that message with what seems love an authentic answer.

two. Fake comments on favorite posts

A favorite news legend or social media post might generate a lot of comments. Fraudsters love to get advantage of that large audience by adding their own comments with links to other buzzy headlines that lead to credit card phishing scams.

three. Fake live-stream videos

As more media companies start streaming their shows and movies online, scammers are jumping on the bandwagon.

They do things love comment on the Facebook page of a sports team with a link that leads people to believe they can look a free live stream of a game. But the links lead to a fake website that asks for personal information in order to start the video, which very frequently doesn't exist.

four. Fake online discounts

Fake online discounts work similarly to fake customer service accounts. Schemers will set up social media accounts that see love legit businesses, then pretend to proposal a genuine promotion. In reality, they wish to stunt people into giving up their personal information.

five. Fake online surveys and contests

These tactics have been around for years and are designed to obtain answers to personal questions that fraudsters can mine and sell later. But criminals embed them into social media posts that frequently see legit because there'south a normal looking profile picture and link, thanks to URL shorteners.

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