Hackers sold data of 267 million Facebook users for just Rs41,500
Hackers have sold personal data of a whopping 267 million Facebook users for just Rs 41,500 (approximately 500 Euros) that includes email addresses, names, Facebook IDs, dates of birth and phone numbers.
 
Thankfully, no passwords of the 267 million Facebook users were exposed by the hacker, according to the cyber risk assessment platform Cyble.
 
The Cyble researchers executed the sale and were able to download and verify the data.
 
"At this stage, we are not aware of how the data got leaked at the first instance. It might be due to a leakage in third-party API (Application Programming Interface) or scrapping," the company said in a statement.
 
Given the data contain sensitive details on the users, it might be used by cybercriminals for phishing and spamming, it warned.
 
In December last year, reports surfaced that a database containing names and phone numbers of more than 267 million users was exposed online.
 
The database was made available for download on an online hacker forum, according to a blog post on the website Comparitech.
 
A Facebook spokesperson had said at that point of time that "we are looking into this issue, but believe this is likely information obtained before changes we made in the past few years to better protect people''s information".
 
The Cyble researchers recommended users to tighten their privacy settings on their Facebook profiles, and be cautious of unsolicited emails and text messages.
 
"We are currently indexing the data at our darkweb monitoring platform, and retail users can access it via AmIbreached.com," the company informed.
 
Facebook faced intense scrutiny after personal data of 87 million users were harvested by UK-based political consulting firm Cambridge Analytica. The Federal Trade Commission (FTC) slapped Facebook with a $5 billion fine as a result of the breach.
 
The social media giant in November last year revealed that at least 100 app developers may have accessed Facebook users'' data for months, confirming that at least 11 partners "accessed group members'' information in the last 60 days".
 
Facebook found that the apps -- primarily social media management and video streaming apps -- retained access to group member information, like names and profile pictures in connection with group activity, from the Groups API (application programming interface).
 
Not just Facebook, Cyble last week informed that hackers dumped over 5 lakh credentials of those who attended office conference calls via Zoom, and gave away those for free on the Dark Web.
 
"Cyble purchased more than 530,000 on an underground hacking forum for next to nothing. Several of the company''s clients were among the stolen credentials, which also included personal meeting URLs and Zoom host keys," claimed the report.
 
Cyble confirmed that the credentials were indeed valid.
 
Bleeping Computer also got in touch with some of the compromised account owners and were told that the passwords were correct.
 
One hacker interviewed by Motherboard who claims to have traded exploits found in Zoom on the black market said that Zoom flaws typically sell for between $5,000 to $30,000.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
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    Gmail Tables: Inserting Tables in Gmail
    I am sure, we have all faced difficulties in inserting tables in Gmail. So clumsy and unpredictable! Here is an extension which allows you to insert tables seamlessly into Gmail. It is an extension called (you guessed it right) ‘Gmail Tables’ by CloudHQ.
     
    Installation of the extension is a breeze—just search Google for Gmail Tables Chrome Extension and install it. Once installed, it will sit as a small tiny icon next to your send button in your compose window. Click on it and a menu to create a table will pop up, allowing you to create tables of all sizes, create headers, padding and much more. 
     
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    Australia wants Facebook, Google to pay news media for using their content
    The government has ordered the Australian Competition and Consumer Commission (ACCC) to develop a mandatory code of conduct for Facebook and Google that will force the tech giants to pay media companies for using their content.
     
    According to a report in ABC News on Monday, the competition watchdog has been tasked with creating a "lever-playing fiend" for the traditional news media which is currently bearing the brunt of coronavirus (COVID-19) pandemic like elsewhere in the world.
     
    While Treasurer Josh Frydenberg said "it's only fair that those who generate content get paid for it," the Australian Competition and Consumer Commission told the government it was "unlikely" digital giants would reach a voluntary agreement over the issue of payment.
     
    A draft mandatory code is scheduled to be released for consultation by July end.
     
    The mandatory code of conduct "will cover issues including the sharing of data, ranking of news content online and the sharing of revenue generated from news".
     
    It will be enforced through penalties and sanctions and will include a binding dispute resolution process.
     
    "Australia needs a strong and sustainable news media ecosystem and the government recognises the importance of public interest journalism," Communications Minister Paul Fletcher was quoted as saying.
     
    In a statement to The Verge, a spokesperson for Facebook Australia and New Zealand said that the company was "disappointed" by the Australian government's announcement. 
     
    "COVID-19 has impacted every business and industry across the country, including publishers, which is why we announced a new, global investment to support news organizations at a time when advertising revenue is declining," the Facebook spokesperson said.
     
    Facebook has pledged to invest an additional $100 million to support journalists at a time when ad revenues are declining due to the economic impact of the new coronavirus.
     
    "We believe that strong innovation and more transparency around the distribution of news content is critical to building a sustainable news ecosystem," the company spokesperson added.
     
    A Google spokesperson said: "We have sought to work constructively with industry, the ACCC and government to develop a Code of Conduct, and we will continue to do so in the revised process set out by the government today".
     
    It is not that tech giants are not affected by the pandemic.
    The novel coron77avirus pandemic can wipe out more than $44 billion in global ad revenue for the tech giants Facebook and Google in 2020 as digital advertising runs dry.
     
    According to global investment bank and financial services company Cowen & Co, Google's total net revenue is projected to be about $127.5 billion -- down $28.6 billion.
     
    Facebook's ad revenue for 2020 is forecast at $67.8 billion - a decrease of $15.7 billion.
     
    Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
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    COMMENTS

    raaajan03

    6 months ago

    Both Google and Facebook make huge revenues from India and for Facebook India has the largest number of users. Both of them have done nothing forIndia and Indian economy. Wonder why GOI is not doing something similar like Australia

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