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May 21, 2015 06:00 am

FBI: Social Media, Virtual Currency Fraud Becoming a Huge Problem

coondoggie writes: Criminals taking advantage of personal data found on social media and vulnerabilities of the digital currency system are two of the emerging Internet law-breaking trends identified by the FBI's Internet Crime Complaint Center (IC3) in its annual look at online crime. The IC3 said 12% of the complaints submitted in 2014 contained a social media trait. Complaints involving social media have quadrupled over the last five years. In most cases, victim’s personal information was exploited through compromised accounts or social engineering.

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/u0mO_5HZkqQ/fbi-social-media-virtual-currency-fraud-becoming-a-huge-problem

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