Facebook hackers attack small business owners to defraud them of advertising revenue

Facebook hackers attack small business owners to defraud them of advertising revenue

They then took control of the account she uses to run her small business, very instantly wiping out 90% of the client list she had built up over the previous four years.

Hackers just needed 15 minutes to gain access to Sydney single mother Sarah McTaggart’s Facebook page.

What are they aiming for? Her PayPal account, which she uses to purchase Facebook ads for her company.

Ms McTaggart is one of several small company owners who claim that their Facebook pages have been hacked and that fraudulent charges have been placed on their PayPal or bank accounts as the scammers use their money to buy adverts.

Ms McTaggart first noticed anything was wrong with her Facebook account last Thursday evening.

“I was just watching TV when I decided to check Facebook.” I noticed that I had received and accepted a friend request from a guy in the United States.

“Then, about five minutes later, Facebook sent me an email saying my account had been disabled because I had breached community standards,” she said.

The hackers had used a well-known technique, previously reported on by 9news.com.au, which involves changing the profile picture of the account they have hacked to that of a flag associated with the terrorist group ISIS.

The ISIS flag breaches Facebook’s community standards and automatically triggers an alert which causes Facebook to boot the user out of their account. In another measure designed to keep her out, the hackers also changed Ms McTaggart’s age on her account, making her too young to own a Facebook account.

Ms McTaggart said she immediately took measures to to try report the hack to Facebook and prove her identity and age, but they were unsuccessful. Next, the hackers took control of her business page.

“I woke up the next morning and I received an email from PayPal saying a payment of $320 had been authorised for Facebook ads,” Ms McTaggart said. Ms McTaggart had previously used the PayPal account to buy ads for her dreadlock business – Better Off Dread – where she creates and maintains dreadlocks for clients as well as selling accessories.

The mother-of-one said she was devastated to lose access to both her personal and business page. Her business, which is largely run out of Facebook, was her livelihood, Ms McTaggart said.

“It is so distressing. Close to 90 percent of my new business inquiries come through Facebook,” she said. “Almost all of my communications with my clients is on Facebook, so disabling is my account has completely cut off my capacity to talk to any of those people.

The News Highlights

  • Facebook hackers attack small business owners to defraud them of advertising revenue
  • Check the latest update on Security news
  • .

Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Esports is becoming a potential niche for the crypto industry
Esports is becoming a potential niche for the crypto industry
Just recently, on November 16th, Crypto.com secured calling rights to LA Lakers’ house ground, overseeing the playing grounds’ name modification to ...
China's central government wants to make 'digital asset exchanges' with the proximity of CBDC
China’s central government wants to make ‘digital asset exchanges’ with the proximity of CBDC
Per a council document published today, as well as a Bloomberg report, the policy-making body wants to ramp up the pressure on those still making use of ...
Patch 1.5 for Cyberpunk 2077: Release Date, PS4 Download Size, and Everything You Need to Know
Patch 1.5 for Cyberpunk 2077: Release Date, PS4 Download Size, and Everything You Need to Know
Unless you’ve had your head in the sand, you will know that Cyberpunk 2077 had a hugely questionable launch as many, particularly those who played on PS4, ...
Rumor has it that Poco is working on a renamed Redmi G series laptop: Learn more
Rumor has it that Poco is working on a renamed Redmi G series laptop: Learn more
Going by a 91Mobiles report in collaboration with tipster Mukul Sharma, the said Redmi G series laptop battery was listed on the BIS website with the G16B01W ...
You can now check out your Wyze Cam straight from your web browser
You can now check out your Wyze Cam straight from your web browser
The new option, called Wyze Webview, essentially makes your camera feed viewable from any device — whether it’s a phone or a computer anywhere — as long as ...
Best Buy's Laptop Choices for your holiday shopping list
Best Buy’s Laptop Choices for your holiday shopping list
ASUS VivoBook K513 15.6” laptop: This laptop caters to a variety of computing needs. It is powered by the latest 11th generation Intel Core i5 CPU with 12GB ...
The Queen only answers two people on the phone, and it has been announced that she will host Christmas at Sandringham this year.
The Queen only answers two people on the phone, and it has been announced that she will host Christmas at Sandringham this year.
“But the two people she phones the most is said to be her daughter Princess Anne and her racing manager John Warren.” Meanwhile, it has been revealed that ...
Forsyth County Sheriff Claims a Call to the Jury is Fraud
Forsyth County Sheriff Claims a Call to the Jury is Fraud
Georgia DDS warns drivers of phone phishing scam targeting license info. The sheriff’s office said people targeted by the scam calls are “instructed to put ...
COVID-19 Infections Fall at Warren Nursing Home |  News, Sports, Jobs
COVID-19 Infections Fall at Warren Nursing Home | News, Sports, Jobs
The Canfield Healthcare Center nursing home on Canfield Road in Youngstown has six patient cases and one staff case this week. It had a smaller number last ...
Hartford Wolf Pack's attack is clicking as the team rolls
Hartford Wolf Pack’s attack is clicking as the team rolls
Hartford’s point streak has now reached five games (4-0-1), a new best for the season. The team managed to score points in 13 of the 16 games they played. ...
Show next
We will be happy to hear your thoughts

      Leave a reply

      Compsmag - Latest News In Tech and Business
      Logo