Warning: Facebook accounts can now be hacked to run ads against you

Since the past few years, several ransomware gangs have been trying to steal the data of social media users. These fraudulent activities have been the cause of alarming situations among owners of various social media platforms such as Facebook and Twitter.

Lately, Facebook is observed to be the main target of enough number of deceitful gangs. Victims are then forced to pay a ransom; after the gangs steal their data through displaying of advertisements on Facebook.

At the security conference held at the Virus Bulletin 2020, Facebook shared the malware attacks it has been facing. Despite Facebook’s utmost attempts a malware gang; Silent fade is famously known to rob data of users over $4 million.

To exploit its users, they were successful in gaining their passwords and stored data which resulted in them hacking the accounts of the users. The group had several attempts to manipulate the users through bugs and links to gain their information and then used bank accounts linked with Facebook to buy its ads.

Furthermore, the Campari group has also been among the evident names of those who have been raided by gangs- leading towards their beyond belief loss of details. The day before Yesterday experts of malicious loots was reported to hack the account of an individual; who was found to be the Facebook publicist. It is worth mentioning here that the gang then created advertisements from his account and made the Campari group the target of its malware practice of stealing data.

Demanding a huge sum of pay-off; $15 to retrieve the files- the gang was highly fortunate in corrupting the uncodified data before encrypting it which was worth 2TB. This was last week faced by the Campari group. The gang happened to threaten the Campari group: saying that it would post their data if they would not be able to pay the amount desired by the malware practicing gang. This information was revealed by Brian Krebs. The fraudulent gang gained data through the Facebook account which acted like a permit for them to threaten the group to pay-off them the ransom. Heading the Facebook advertisement as a ‘‘Security breach of Campari Group network’’ the fraudulent gang resumed terrifying the group for leaking their private data before the acceptance of ransom. This was considered to be the part of the gang’s unethical behavior of robbing the data and then showing the advertisement to Facebook users. Facebook became aware of this action exercised by the crew after they performed it.

In the end, saying this won’t be wrong that along with a huge increase in Facebook’s active users there is a higher risk of threat to their data. As many of the fraudulent groups are becoming evident in setting examples for the deceitful gangs; being highly efficient in plundering the data of users and then threatening them to pay they ransom.

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