We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Hackers profiting from stolen Facebook accounts

Cyber criminals paying 89p for profile passwords

Hackers are making money by stealing Facebook account details and selling them to cyber criminals, according to Trend Micro.

The security firm said the Facebook account details are changing hands for around 89p each. Cyber criminals are then obtaining access to the accounts and using them to send spam that contains links to video or audio sites.

Unsuspecting web users who click on the links will be directed to websites hosting malicious files. They'll then be encouraged to download the files, which infect PCs with malware that will steal passwords such as those for online banking accounts.

Visit Security Advisor for the latest internet threat news, FREE net threat email newsletters, and internet security products

Visit Broadband Advisor for the latest internet news, reviews, tips & tricks - and to take advantage of PC Advisor's unique, independent Broadband Speed Tester

Trend Micro also revealed that there has been a five-fold increase in internet scams aimed at stealing personal details since September.

Senior security advisor at Trend Micro, Rik Ferguson, said: "We give away a huge amount of personal information on social networking sites. Hordes of cyber criminals are drawn to them. Whether you're going online to use Facebook, for banking or Christmas shopping, you should be aware that hacking and identity theft tends to increase at certain times of the year".

See also: Facebook users warned as Koobface worm strikes


IDG UK Sites

Best Christmas 2014 UK tech deals, Boxing Day 2014 UK tech deals & January sales 2015 UK tech...

IDG UK Sites

LED vs Halogen: Why now could be the right time to invest in LED bulbs

IDG UK Sites

Christmas' best ads: See great festive spots studios have created to promote themselves and clients

IDG UK Sites

Why Apple shouldn't be blamed for exploitation in China and Indonesia