Here’s Why Cybercriminals Are Now Imitating Brands on Social Media

The new way to scam.

Tech
3,098 Hypes 4 Comments

Social media has often become a hotbed of criminal activity and now cyber criminals have found a new way to to partake in their deeds. The latest popular method is to imitate brands, according to report in WWD. The reasoning behind this, which is usually done by simply copying and pasting the brand’s information into another profile, is to use the trustworthiness of these brands in order to make users give up their information quicker than they normally would do.

The criminals often base their activity around a trending topic and use the hype around that to attack victims. The groups send malicious URLS in order to take credit card information or personal data as well as also infecting devices with malware, begin a scam or, in some cases, direct the user to counterfeit merchandise. The impersonation accounts often add ‘support’ or ‘help’ to the profile names in order to seem like an official branch of the brand.

In related news, it was earlier found that Litecoin is now becoming the cryptocurrency of choice for criminals.

Read Full Article
Source
wwd
More

What to Read Next

Childish Gambino's "This Is America" Officially Goes Platinum
Music

Childish Gambino's "This Is America" Officially Goes Platinum

Congratulations to the actor/rapper.

Adsum Drops Graphic "Chehalis" Midseason Capsule
Fashion

Adsum Drops Graphic "Chehalis" Midseason Capsule

Inspired by ’90s mountain biking graphics and culture.

Nike Celebrates Record-Breaking Nigeria World Cup Kit With Mercurial 360 Colorway
Footwear

Nike Celebrates Record-Breaking Nigeria World Cup Kit With Mercurial 360 Colorway

“Naija Mercurial.”


Uganda Imposes Social Media Tax to Stop "Gossip"
Tech

Uganda Imposes Social Media Tax to Stop "Gossip"

A daily tax for people using Facebook, WhatsApp, Twitter and more.

A Recap of Kanye West's Wyoming 'ye' Album Listening Party
Music  

A Recap of Kanye West's Wyoming 'ye' Album Listening Party

Definitely a moment in music history.

Rex Orange County & Randy Newman Link Up For “You’ve Got a Friend in Me” Remake
Music

Rex Orange County & Randy Newman Link Up For “You’ve Got a Friend in Me” Remake

The “Loving Is Easy” singer’s voice works well with the song.

More ▾