Friday, September 24, 2021
Markfed Sept to Nov

mrsptu

Innocent Admission

Beware folks: Social media fraud increased 43% in 2018

- Advertisement -

San Francisco, April 28, 2019 –

In a sign that platforms like Facebook and WhatsApp are emerging as new public square for criminal deception, a study has found that social media fraud increased 43 per cent in 2018.

The results suggest that cyber criminals are increasingly relying on Facebook, Instagram, WhatsApp and other legitimate social media and messaging platforms to communicate with each other and sell stolen identities, credit card numbers and other ill-gotten gains.

Given the ease of use, absence of fees and other benefits of these platforms, continuation of this trend in 2019 should come as no surprise, said “Current State of Cybercrime – 2019” white paper, released by RSA Security.

Trade in stolen identities would gain greater momentum with more stores likely opening on legitimate platforms to sell this type of data, the study said.

According to researchers, fraud in the mobile channel has grown significantly over the last several years, with 70 per cent of artifice originating in the mobile channel in 2018.

In particular, fraud from mobile apps increased 680 per cent between 2015 and 2018, said the study, adding the use of rogue mobile applications to defraud consumers was on the rise.

With one out of five cyber attacks attributed to rogue mobile apps in 2018, RSA identified an average of 82 rogue mobile applications a day last year across popular app stores.

“We expect the popularity of the mobile channel for fraud will continue through 2019, especially as cyber criminals keep finding ways to introduce tactics and technologies such as phishing and malware to the mobile channel,” the report said.  (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
112,345FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Biden Modi

What Modi wants from Biden, in Year Zero of post-Covid era – by Robinder Sachdev

This is the second piece of a two-column combo-pack, over 48 hours, before the Biden-Modi summit in Washington DC, in the morning of September...
Bike Riding on Road

All About Third-Party Bike Insurance Explained

Your bike is a reward for the hard work that is invested, and protecting your asset is a necessity. If you own a bike,...
Narendra Modi Joe Biden

On eve of Biden-Modi summit; a primer on what Biden needs, wants, and will ask from India – by Robinder Sachdev

When US President Joe Biden and Indian Prime Minister Narendra Modi sit down for their first-ever personal meeting, and bilateral, at the White House...

SPORTS

Health & Fitness

Alzheimer

Does all memory loss indicate Alzheimer’s Disease?

New Delhi, Sep 21, 2021- While memory loss is most often associated with the elderly, more and more young people today are having trouble remembering things. Are all these a sign of Alzheimer's? No, say doctors. According to doctors, multiple factors are responsible for the youth tending to forget things. These include lack of sleep, too much screen time on...

Gadgets & Tech

error: Content is protected !!