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June 14, 2017 02:00 pm

A 12-Month Campaign of Fake News To Influence Elections Costs $400K, Says Report

An anonymous reader quotes a report from Bleeping Computer: A 77-page report released today by cyber-security firm Trend Micro explores the underground landscape of fake news, where anyone can buy influence and create artificial trends to serve personal interests. An examination of Chinese, Russian, Middle Eastern, and English-based underground fake news marketplaces reveals a wide range of services available on these portals. The report explores several websites where customers can purchase services ranging from "discrediting journalists" to "promoting street protests," and from "stuffing online polls" to "manipulating a decisive course of action," such as an election. According to researchers, the typical clients of such services are interested in warping the way others perceive reality. These services are usually used for character assassination, swaying political trends, or creating fake celebrities. Trend Micro has compiled a "fake news" price catalog in its report, which is imbedded in Bleeping Computer's article. Some of the most expensive services include $200,000 for helping to instigate a street protest via fake news articles, $50,000 to discredit a journalist, and $400,000 to influence elections.

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