Facebook Accounts

Ever Wonder Why Scammers Steal Facebook Accounts?

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27.11.2023

Never a day goes by when you don’t hear of someone’s Facebook account getting hacked. These stories have become almost normal since the rise of social media platforms. Scammers have learned that sending suspicious links to 100 email accounts at a time no longer works. They’ve realized that unlawfully accessing Facebook profiles is easier and more lucrative. 

From reselling personal data to sending sketchy links with malicious viruses, let’s show you why scammers steal Facebook accounts. 

How Hackers Can Access Facebook Accounts 

The methods cybercriminals use to break into Facebook accounts vary. One common tactic is known as “cookie theft.” It is carried out by penetrating user’s cookies on various websites. When someone accepts cookies, a file downloads onto their computer, leaving them vulnerable to an attack. Hackers can lure people to fake websites to download cookies or install malicious code on random sites. 

If compromised, the scammer will have access to all the user’s personal information. Another technique they use is attempting to guess weak passwords; only it’s less common because of the guessing limits introduced. 

An Insight Into the Black Market for Facebook Accounts 

There’s a huge black market for Facebook profiles. Within a few clicks, opportunists can enjoy a catalog of available accounts to purchase. These shady marketplaces can be found on apps like Telegram, where illegal activities are rampant. They’re filled with hackers selling bundles of cookies for as little as $70.

Usually, the bundles are bought using cryptocurrencies like Bitcoin so that no one can trace the transaction. All a buyer needs is the funds for the cookies and a basic understanding of how they work. As long as they’ve got that, they can hack into a collection of Facebook accounts with little effort. 

 Black Market for Facebook Accounts

What Hackers Do With Stolen Facebook Accounts 

Facebook accounts are gold mines for scammers looking to earn a quick buck without facing the consequences. It all comes down to money. 

If a hacker can get into your account, they’ll have access to your personal information. This can create big problems for those who’ve linked their profile with their bank account. All it takes is for them to get your card details, and they’re free to do whatever they want with them. Once they’ve got what they wanted, they can resell the account on the black market, and the cycle continues. 

You might be asking yourself, “What if I don’t have any banking information on my account?” That’s no problem for scammers. They’ll use your account to send suspicious links that hold viruses to your Facebook friends. The moment someone clicks it, malware will download onto their computer. Then, the hacker can extort the user for hundreds or thousands of dollars in exchange for removing it. 

Tips for Keeping Your Facebook Account Safe 

It’s not all bad news. There are many things you can do to keep your Facebook account safe

Here are some of our tips. 

Use a VPN iOS on your devices. Using a VPN on your iPhone or iPad will encrypt your internet connection, shielding you from scammers. A VPN app gives you an extra layer of privacy and hides your personal details, such as your IP address and virtual location. 

Use a strong password. Don’t use a Facebook password with your personal information. Stay clear of including things like your name, home address, or standard phrases. Select a password with a mix of

letters, numbers, and symbols, which would make it impossible to guess. 

Don’t click any strange links. If you get a message from anyone with a dodgy link, avoid clicking it. These links could carry viruses or be used by hackers to steal your password. 

Be cautious about friend requests from someone you don’t know. A common tactic scammers use to steal people’s details is adding them using fake profiles. They may send suspicious links with malware to your inbox, hoping you’ll click them. Keeping your friends list clear of people you don’t know reduces the possibility of this happening.

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Debamalya is a professional content writer from Kolkata, India. Constantly improving himself in this industry for more than three years, he has amassed immense knowledge regarding his niches of writing tech and gaming articles. He loves spending time with his cats, along with playing every new PC action game as soon as possible.

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