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Regulators Eyeing Social Media In Europe

PYMNTS

Against the backdrop of social media controversy — remember Facebook , of course, and 87 million users’ data exposed to Cambridge Analytica — oversight is tightening in Europe.

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Report: Hackers Hit 2,000 Robinhood Accounts

PYMNTS

Bloomberg said the only response from Robinhood initially was a statement that the company was referring the matter to its fraud investigation team, which would take "a few weeks" in order to get back to them. Social media saw a deluge of complaints about the attacks, Bloomberg reported.

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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. A scam usually begins with online contact via social media or dating apps. Would you like other articles like this in your inbox?

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Breach Exposes Millions Of Chinese Chat Logs

PYMNTS

A security researcher has discovered that hundreds of millions of private chat logs from Chinese users were exposed on the internet. The databases were secured after Gevers reported the issue. The database could be accessed online by anyone who searched for its IP address, and exposed photographs, addresses and locations.

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Cyberexperts Flag Danger Of Deepfakes At House Hearing

PYMNTS

The legislator was reportedly referring to the policy that the social media company rolled out a day prior to prohibiting very manipulated videos made by machine learning or artificial intelligence. Experts reportedly brought attention to the national security as well as the societal implications of manipulated digital media.

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Festive Fraud: Beware of these 10 holiday scams.

PopularBank

Social media scams Due to the social, public, and community-oriented nature of social media platforms, you may be tempted to let your guard down and assume you’re in the clear. However, social media scams are likely to increase during the holiday season. Safeguard your finances this holiday season.

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Instagram To Crack Down On Fake Story Watchers

PYMNTS

social media agency called Hydrogen said that “mass viewing of Instagram stories is the new buying followers of 2019,” in reference to how people used to try gaming the system on Facebook to get more friends.