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Facebook Small Business Grants Spark Identity-Theft Scam
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Quote:Cybercriminals are exploiting a $100 million Facebook grant program designed for small businesses impacted by the pandemic, to phish personal information and take over Facebook accounts.
 
The perpetrators are trying to dupe people into thinking that the social network is handing out free money to any user affected by COVID-19, according to a Kaspersky analysis. It’s using messaging platforms to proliferate.

“This is an attack that was caught propagating via messengers, such as Telegram,” Vladislav Tushkanov, senior data scientist at Kaspersky, told Threatpost. “This seems to be a common trend – we even see some attacks where after asking for your private info, the perpetrators ask you to forward the scam link to your WhatsApp contacts (e.g. ‘to spread awareness about these benefits’).”
 
Despite the “must be too good to be true” aspect of the game that should tip most people off, the cybercriminals are taking steps to make the offer seem legit.
 
“Samples detected by Kaspersky indicate that potential victims viewed an article appearing to come from a prominent media outlet [CNBC] and were prompted to follow a link to apply for the grant,” researchers explained, in a Tuesday post. They pointed out that there is in fact, a real CNBC article about coronavirus-related Facebook grants, but the legitimate program is for small businesses, not individuals.

Read more: https://threatpost.com/facebook-small-bi...am/159681/
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