Your social media information is more valuable than you think. Sure, criminals can cause a lot of harm if they get their hands on your credit card, but they can do much damage with your social media account. Tap or click here for 10 accounts more valuable to cybercriminals than your credit card.
Now, criminals are incorporating social media to spread new scams hoping to rip you off. If you receive a message from a friend, it might not actually be from a friend at all.
Keep reading for new ways cybercriminals are using social media to scam people and a few ways to spot the schemes.
Here’s the backstory
When the COVID pandemic hit, many Americans needed financial help to make it through the hard times. Businesses were laying off workers. Restaurants and entertainment venues were closing their doors. Times were tough. So the U.S. government stepped up and sent relief checks to millions of Americans.
According to the Better Business Bureau (BBB), scammers are trying to exploit COVID relief to find new victims. Here’s how the scam works.
You receive a message through Facebook, Facebook Messenger or Instagram that looks like it’s from a friend or family member. They excitedly tell you about a government grant for COVID relief. In many cases, they claim to have already applied for the grant and received…