Facebook Thieves Are Emptying Bank Accounts For Bitcoin

Hello guz and ladies

See how hackers are using Facebook to hack bank account.

"Don't even think of trying it.There is God o"

According to the report, the hackers rely on well-known phishing and social engineering techniques, such as emailing someone an attachment with malware in it, to take over their Facebook account. Since most Facebook users don’t even bother using two-factor authentication , the takeover is relatively easy.

Once they control the account, the hackers then examine message logs to find those close to the initial victim. Then, posing as the original account owner, they ask for a small amount of money to be wired to them.

As soon as the person agrees to wire the money, they are sent a spoofed link to cloned versions of popular payment provider websites. These are popular in Poland, as they have contracts with banks that allow users to shop online without the use of a credit card.

As soon as the person agrees to wire the money, they are sent a spoofed link to cloned versions of popular payment provider websites. These are popular in Poland, as they have contracts with banks that allow users to shop online without the use of a credit card.

The victim enters his bank account information on the cloned version of the website, and is then sent a code via SMS, in order to confirm the small transaction. So far, only a few dollars have been stolen from the victim, but the scam doesn’t end here.

They do this by asking for the approval of so-called “trusted transfer” accounts, which the user unknowingly approves when he enters the SMS code that approves the original transaction. Banks usually allow these trusted accounts for the sake of usability.

With permission to transfer as much as they want to, the thieves then transfer everything the victim has into a bank account they will then use to buy bitcoin, or directly buy bitcoin using the victim’s bank account. The thieves usually create a regular transfer pattern to Polish bitcoin exchanges they use to buy the cryptocurrency, so everything looks fine on the bank’s side.

"These attacks are rather complex, and as such hard to detect and prevent"

Facebook Thieves Are Emptying Bank Accounts for Bitcoin - CryptoCoinsNews

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