Fraud is one of the major challenges posed by the digital revolution and a new white paper by RSA Security suggests that social media is the perfect place for it to thrive.
The U.S. information security company (which is part of the Dell family) released their annual “Current State of Cybercrime Report” for 2019, alerting readers to the growing trend of cybercriminals relying on social media platforms to commit fraud as well as securely communicate with each other about coordinating and automating their attacks.
According to RSA, social media fraud attacks have increased by 43% over the last year alone and cybercriminals are constantly finding new ways to exploit these platforms.
