When someone has been compromised, it can ruin their reputation and cost thousands of dollars in ad revenue. This is what happened to Dale Berry, the owner of a preschool English academy in Japan who got his Facebook account compromised by scammers. Hackers used his account to display fraudulent ads, destroying his business and ruining his reputation.
The hackers began targeting people who had weak passwords like “qwerty” and “password.” Once they have access to an account, they check the top five most popular friends and impersonate one of them and ask for an account reset code. The hackers then take advantage an additional security feature that allows users to add trusted contacts to their account in the event that they forget their password. They can request these trusted friends to provide the one-time code to gain access to the account.
Another method for hackers to gain access accounts is through the purchase of stolen login information. A cache of 26 million Amazon, LinkedIn and Facebook passwords was recently found available for sale on the dark web. Many of these were leaked via custom Trojan malware that infiltrated a number of Windows-based computers between the years 2018 through 2020.
Users can avoid these attacks if they always check that the address bar on the browser indicates Facebook and not another site. They should also make sure to use an account password that includes numbers as well as letters and spaces and never reuse the same password on other email or social media accounts. They should also monitor their notifications for activity regularly. Twitter for instance, sends out notifications when there’s a suspicious login from a new device or location.
app-ink.net/virtual-deal-room-software-can-help-to-estimate-enterprise-value-during-ma-activity