Researchers unearth 74 Facebook cybercrime groups with 385,000 members
Add spam, phishing, and payment-card fraud to the scourges Facebook helps foster. The company is already under the microscope for the role it plays in spreading disinformation promoting white nationalism, conspiracy theories, and opposition to life-saving vaccinations. Now, a report published Friday says Facebook also helps criminals peddle a variety of cybercrime services.
Over the past few months, researchers with Cisco’s Talos security group compiled a list of 74 Facebook groups whose members promised to carry out a variety of unethical, if not outright illegal, activities. Some groups acted as bazaars for the buying, selling, or trading of stolen payment-card data and hacked account credentials. Others served as forums for selling spamming and phishing tools. In all, about 385,000 users were members.
According to the Talos report: