NOVA DEFEND INDIA | CYBER CRIME ON SOCIAL MEDIA

 The growth of social media in recent years has given cyber criminals another avenue of attack. Meta, the parent company of Facebook, uncovered more than 400 malicious iOS and Android apps in 2022 that targeted mobile users to steal their Facebook login credentials.

43% of these apps were ‘photo editors’, including ones that allowed the user to turn themselves into a cartoon. A further 15% were ‘business utility’ apps, which claimed to be able to provide hidden features not found in official apps from reputable platforms.

By creating fake reviews, cyber criminals can artificially inflate the ranking of their apps and disguise poor reviews that highlight issues. Unsuspecting users then download the app, where they are then asked to log in using Facebook. The hacker can see any details entered.

How common is cyber crime on social media?

Cyber crime is very common on social media. In Q2 of 2022 alone, Facebook removed 8.2 million items of content that violated its policies on bullying and harassment. In Q1 of 2022, 9.5 million pieces of policy-violating content were removed, the highest-ever number removed by the platform.

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Cyber criminals will use social media to scope out individuals to target in crimes such as romance scams. This type of fraud involves the criminal establishing a ‘relationship’ with a target, before getting the unfortunate victim to send money, purportedly for plane tickets, an urgent operation or other ruses.

In the UK, romance scams cost victims £14.6 million in May 2021 alone. Half of romance scam victims in the UK in 2021 were women, with 39% men and the final 11%, not specifying their gender.

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