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Social media attacks targeting banks? You bet! from blog The Technology blog and podcast

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Social media attacks targeting banks? You bet!

As I continue to catch up with tons of reading, this particular article where social media attacks are going up as banks are now targeted is more important.

Some banks may be more prone than others, at the same time, we all need to be aware of what’s going on.

Just revcently, I got a facebook friend reuest. I’m doubtful that it is who the name I saw, but that is only the beginning with attacks.

While other trends facing other businesses on social media are lower, we shouldn’t be putting our guard down. I suspect we’ll fluctuate depending on what is going on, but it isn’t going anywhere any time soon.

Despite the decline, 2023 social media attack volume is still consistent with 2022 and well above the average number of attacks in 2021. Social media has emerged as a preferred channel for cybercriminals to target businesses indiscriminately, with abuse occurring in the form of advertisements, illegitimate business pages, and phony executive profiles. The rapid nature of communication via these channels, in addition to the ease of account creation makes brand abuse and impersonation a light lift for cybercriminals looking to perform nefarious activity.

I understand that Mastodon is considering a captcha model, but from what I’ve heard, they were looking at H-Captcha.

While Sendspace had it because of Cloud Flair, the backbone they have, its aweful. You have to set a cookie, and hope it sticks. What I’ve found, is to set the cookie, then go and do what I need to do keeping my browser open.

But H-Captcha requires up to sign up, and other solutions like what Google offers does not. Google offers Recaptcha, and version 3 is supposed to be behavioral based and only throws up something if it senses something off. I like that approach better.

In Q2, cyber threats and impersonation were nearly tied as the top threat type on social media. Cyber threats were most observed, with 34.5% of overall attacks targeting businesses taking the form of telephone support scams, giveaway scams, employment scams, and more. This is the second consecutive quarter cyber threats has won the majority of threat volume.

There’s a lot more to dive in to, so why not read the article like we did? Social Media Attacks Targeting Banks See Greatest Increase Since 2021 is the article, and I hope that ou find it of interest.

If you’ve got banking friends whether a financial advisor or someone who assists you regularly at the bank, let them know about the article so they can find it and pass it along.

Together, we can make that difference.

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Social media attacks targeting banks? You bet! was released on September 18, 2023 at 2:30 pm by tech in article commentary.
Last modified: September 18, 2023.

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