• Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit
Tech News, Magazine & Review WordPress Theme 2017
  • Tech
    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    Pixel Watch in the test

    Google Pixel Watch in the Test

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    Google Pixel Watch

    Your Pixel Watch is Getting Better at Sleep Tracking

    Analyst: iPhone 14 Plus Sales Lagged Behind iPhone 13 Mini, Strategy 'Failed'

    Apple’s Emergency SOS Service for iPhone 14 Goes Live in US and Canada

    Pixel 7 Pro hazel top down view with display on

    Survey shows few people have had major issues with the Pixel 7 series

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    Discover the Top Five GBA Emulators for iOS 15!

    Discover the Top Five GBA Emulators for iOS 15!

    Discord on Xbox is dropping its reliance on your phone

    Xbox rolls out official support for Discord, Lightstream, and Streamlabs

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Virtual Gaming Revolution Continuing To Develop

    Virtual Gaming Revolution Continuing To Develop

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    Asus' ROG Flow Z13 is a Surface for gaming

    Asus’ ROG Flow Z13 is a Surface for gaming

  • Crypto
    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

  • Business
    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

No Result
View All Result
Geeky Insider
  • Tech
    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    Pixel Watch in the test

    Google Pixel Watch in the Test

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    Google Pixel Watch

    Your Pixel Watch is Getting Better at Sleep Tracking

    Analyst: iPhone 14 Plus Sales Lagged Behind iPhone 13 Mini, Strategy 'Failed'

    Apple’s Emergency SOS Service for iPhone 14 Goes Live in US and Canada

    Pixel 7 Pro hazel top down view with display on

    Survey shows few people have had major issues with the Pixel 7 series

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    Discover the Top Five GBA Emulators for iOS 15!

    Discover the Top Five GBA Emulators for iOS 15!

    Discord on Xbox is dropping its reliance on your phone

    Xbox rolls out official support for Discord, Lightstream, and Streamlabs

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Virtual Gaming Revolution Continuing To Develop

    Virtual Gaming Revolution Continuing To Develop

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    Asus' ROG Flow Z13 is a Surface for gaming

    Asus’ ROG Flow Z13 is a Surface for gaming

  • Crypto
    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

  • Business
    Best Book Recommendation Apps

    11 Best Book Recommendation Apps

    How to quickly divide or Split PDF files

    How to Quickly Divide or Split PDF Files

    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

Submit
Geeky Insider
No Result
View All Result

Black Market for Fraudulent Ad Accounts Found on Facebook

by Staff Writer
November 15, 2022
in Articles
Reading Time: 5 mins read
Enhance your omnichannel service strategies with data-driven insights.
Share on FacebookShare on Twitter

A technology platform watchdog group reported Monday that it had found more than 100 Facebook groups, some with tens of thousands of members, where business management accounts are bought and sold in violation of the social network’s rules.

The accounts can be used to run multiple pages and ad campaigns, creating new opportunities for online scams, disinformation, and election interference, according to the investigation by the Tech Transparency Project, a Washington, D.C.-based information and research organization that focuses on the influence of major technology platforms on society.

READ ALSO

6 Android Apps for Budget Management

Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

November 13, 2022
Facebook layoffs are a reminder that your job won’t love you back

Facebook layoffs are a reminder that your job won’t love you back

November 12, 2022

“For years, Facebook has claimed that its artificial intelligence systems can clean up its platform, but time and time again, we have found that Facebook’s technology is failing to remove harmful content that violates its policies,” the TTP’s director Katie Paul told TechNewsWorld. “This is unfortunately true for this black market for ad accounts as well.”

The TTP explained that business manager accounts allow social media managers and marketers to manage a collection of Facebook ad accounts, Facebook pages, and Instagram accounts from one dashboard. It added that Facebook’s parent company Meta promotes them as a “one-stop shop” for advertising and marketing on its platforms.

The report contended that the accounts are particularly valuable to scammers because business managers can run a series of ad campaigns and easily add new users and ad accounts to expand their reach.

In the Facebook groups examined by TTP, the group noted that users frequently sell accounts in bulk quantities. Many of the accounts come linked to someone’s credit card, it continued, indicating they were hacked or stolen. “That’s obviously a big problem for individual users or small businesses that suddenly have an unauthorized person racking up big charges on their card,” Paul said.

The report also found that in some cases, sellers offer accounts approved to advertise political, election, and social issues.

Facebook Acts

After being alerted to the situation, Facebook began dismantling the black market. “We removed the groups that were flagged to us last week for violating our policies, and we will continue to review additional groups and remove those that violate.” the company said in a statement provided to TechNewsWorld by spokesperson Erin McPike.

In addition to removing the groups, the company said it has set up checkpoints for several group administrators, requiring additional information to be provided before they can access their accounts.

Despite Facebook’s actions, the report maintains that the black market raises some troubling questions for the company and its parent, Meta. Given Facebook’s longstanding scam ad problem and its history with Russian election interference, it’s not clear why Meta isn’t doing more to combat this illicit trade, the report noted.

A D V E R T I S E M E N T

Jenny Griesdorn, senior manager of global social media strategy at KnowBe4, a security awareness training provider in Clearwater, Fla., cited Facebook’s community guidelines as evidence of its lack of concern about fraudulent accounts. Those guidelines state, “We may disable or delete your account if it appears to have been hacked or compromised and we are unable to confirm ownership of the account after a year.”

“That should be enough of a tell that Facebook does not care about getting rid of these fake or hacked accounts, so it’s best that anyone who uses this platform protect their personal information as much as possible,” Griesdorn told TechNewsWorld.

Fake Accounts, Real Revenue

Some critics of Facebook have suggested that the social network has taken a light touch to fraudulent accounts because they produce revenue.

“These black-market business manager accounts are approved to advertise on Facebook. That means that Facebook profits every time the buyers of these illicit accounts run ads on the platform,” Paul said.

“This raises new questions about how much of Facebook’s advertising revenue is coming from hacked, stolen, or trafficked ad accounts,” she added.

While acknowledging that Facebook can make money off fraudulent accounts, Will Duffield, a policy analyst with the Cato Institute, a Washington, D.C. think tank, pointed out that fake accounts don’t produce as much revenue as legitimate ones.

“There’s some incentive not to poke too much at the problem, but from the business side, each black market account means there’s a business customer who is dissatisfied because they’ve had their account stolen,” Duffield told TechNewsWorld.

“If legitimate accounts are being stolen and turned into black market accounts, that’s not good for Facebook,” he said.

Platform for Election Interference

According to the TTP report, Facebook has had a longstanding problem with accounts being hijacked to run scam ads using people’s credit card information. It’s easy to see how business manager accounts could be useful to scammers, the report continued, given their ability to run multiple ad campaigns simultaneously.

It added that owners of business manager accounts have frequently recounted how hackers commandeered their accounts, raising their billing threshold to rack up thousands of dollars in spending on scam ads that direct people to questionable e-commerce websites.

The TTP’s investigation also found sellers offering accounts that can run ads on social issues, elections, or politics. That raises concerns they could be used for coordinated inauthentic activity and election interference, the report noted.

“Facebook executives often tout their efforts to curb election interference, but at the same time, the company is facilitating a black market for accounts that can run election ads in specific countries,” Paul said.

“Facebook is essentially undermining its own election protection efforts with its failure to address this issue,” she continued. “The Facebook business manager accounts identified by TTP are especially concerning because they can run multiple ad campaigns simultaneously, increasing the ability of bad actors to spread disinformation.”

Challenging Task

Controlling disinformation on Facebook is a challenging problem, maintained Vincent Raynauld, an associate professor in the Department of Communication Studies at Emerson College in Boston.

“Identifying and suppressing disinformation is extremely hard for Facebook because the manifestation of disinformation on these platforms keeps evolving,” Raynauld told TechNewsWorld.

“If Facebook establishes a filter to catch certain kinds of disinformation, the producers of the disinformation will adjust the structure of it so it will evade the filter and have an impact on the public conversation,” he explained.

Issues like hijacked accounts have always been a part of Facebook, he added, but the overall weight of Facebook, when it comes to its impact on disinformation and political processes, is making these types of issues ever more important to the public.

“Social media has become an integral part of people’s daily lives, especially when it comes to acquiring information that influences not only consumer decisions but political decisions, as well,” he added.

Source by www.technewsworld.com

Related Posts

Best Book Recommendation Apps
Apps And Softwares

11 Best Book Recommendation Apps

March 4, 2023
How to quickly divide or Split PDF files
Apps And Softwares

How to Quickly Divide or Split PDF Files

February 28, 2023
Sen. Mark Warner and Sen. Marco Rubio at a hearing.
Articles

Trump’s TikTok ban might have been right after all

November 14, 2022
14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More
Articles

14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

November 14, 2022

Recommended.

Talks to Revive Iran Nuclear Deal End, Produce 'Final Text'

Talks to Revive Iran Nuclear Deal End, Produce ‘Final Text’

August 9, 2022
Google Meet can now process CPU-intensive video effects on the cloud

Google Meet can now process CPU-intensive video effects on the cloud

August 16, 2022

Trending.

How Qatar's New Cool-Tech Gear Helps Workers in Extreme Heat

How Qatar’s New Cool-Tech Gear Helps Workers in Extreme Heat

September 8, 2022
wazirx india crypto

WazirX launches coin reports with data

September 8, 2022
Five Phases for the Procedure for Agile Transformation

Agile Transformation – 5 Phases for the Better Procedure

December 28, 2022
US Lawmakers Push Tech Firms on Abortion Benefits for Gig Workers

US Lawmakers Push Tech Firms on Abortion Benefits for Gig Workers

September 23, 2022
Illuminated network diagram in the shape of a brain

TensorFlow, PyTorch, and JAX: Choosing a deep learning framework

August 30, 2022
Geeky Insider

Geeky Insider is Web based independent Tech Magazine covering Topics Related to Technology, Gadgets, Software, Gaming, Crypto, Business And So on. Read More...

Submit a Techy Post | Write For Us

Feel free to contact us for submission queries. via contact form or email us at [email protected].

Categories

  • Android
  • Apple
  • Apps And Softwares
  • Articles
  • Business
  • Camera
  • Crypto
  • Education
  • Entertainment
  • Gadget and Gear
  • Gaming
  • How To
  • Laptop
  • Marketing
  • Microsoft
  • Review
  • Security
  • Smartphone
  • Technology
Agile Communication Explosion

The Agile Communication Explosion

March 15, 2023
Unlock the Secrets of Data Visualizations

Unlock the Secrets of Data Visualizations

March 15, 2023
Kanban vs Scrum: What's the Difference

Kanban vs Scrum: What’s the Difference?

March 5, 2023
  • Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit

© 2022 GeekyInsider.com

No Result
View All Result
  • Home
  • Review
  • Apple
  • Gaming
  • Gadget and Gear
    • Camera
    • Smartphone
  • Microsoft
  • Security