Social media attracts all kinds. These sites are used for catching up with friends on Facebook, instant news dissemination on Twitter, partisan political viewpoints expressed in online forums, real-time reach outs on Snapchat, professional networking on LinkedIn — and now, not surprisingly, they’re used as global havens for cybercrime. This report details the efforts of the RSA FraudAction Research team, who by studying this phenomenon over six months, observed an exponential growth in the volume of visible fraud activity on social networking platforms, much of this occurring “in plain sight.”
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