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Thursday February 2nd 2012

Online Security Firm: Facebook Accounts Can Be Hacked for $100

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SEATTLE, WA (YBH.ME) – Online security firm PandaLabs has discovered a website that claims it will hack any Facebook account for the paltry sum of $100.

PandaLabs wisely didn’t disclose the web address publicly.  According to PandaLabs Technical Director Luis Corrons “The web page is very well designed. It is easy to contract the service and become either the victim of an online fraud, or a cyber-criminal and accomplice in identity theft. Once an intruder hacks into a Facebook account, all personal data published on the site can be stolen.”

Facebook's popularity leads to challenges.

Facebook's popularity leads to challenges.

Outside of identity theft, a stolen Facebook account could also be used to defame a user or spread malware.  Corrons continues, “Similarly, those accounts can also be used to send malware, spam or other threats to the victim’s contacts.  In the case of celebrities or other well-known entities, they can be used to defame the account holder, spread information in their name, etc. In any event, this is criminal activity.”

The site is registered to a domain holder in Moscow. The site claims that all but 1% of Facebook accounts are hackable.  The site requires a payment via Western Union to a location in the Ukraine.

Facebook is now the most popular social media and networking site on the internet, with almost as many users as people in the United States.  Security problems have plagued both Facebook and its competitors, like MySpace.com.

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John Romano is the publisher and editor of Yes, But However!, a musician, a former political correspondent for BBC Radio London, and a serial web entrepreneur. Follow him on twitter: twitter.com/yesbuthowever or John Romano on Google+

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Post Published: 19 September 2009
Found in section: News and Analysis, Technology and Science
  • http://facebook.com Leigh Anne

    are you serious?? so my account can be hacked at anytime?? is this related to the recent issues that have been plagued in facebook? with it not being able to load AT ALL, or getting fan photos etc that contain extremely dangerous viruses??