LinkedIn users are frequently the subject of cryptocurrency scams: FBI

According to an FBI agent, LinkedIn's crypto-scammers pose a "serious threat" to user security.

On the Microsoft-owned social network LinkedIn, cryptocurrency scammers are increasingly focusing on job seekers. According to an FBI agent, LinkedIn's crypto-scammers pose a "serious threat" to user security.

According to FBI agent Sean Ragan, who spoke with CNBC, LinkedIn has an issue with investment scams, and cryptocurrency fraudsters are recruiting candidates under the guise of a money-making scheme.

The importance of this kind of scam was stressed by Ragan. Both potential victims and victims in the past and present are numerous.

It's important to note that LinkedIn asserts to have 830 million users across more than 200 nations. According to Ragan, "They are constantly considering new ways to victimise people or businesses." And they devote their free time to doing their homework, formulating their objectives, strategies, and tools and techniques.

This comes just after the Federal Trade Commission (FTC) released a study stating that since the beginning of 2021, over 46,000 customers have reported losing over $1 billion in cryptocurrency frauds. According to the FTC, almost half of those who reported losing digital currency in a scam indicated the fraud began with a social media post, ad, or message.

Scammers are becoming more prevalent on the network, according to a post by Oscar Rodriguez, director of trust, privacy, and equality at LinkedIn. He stated in a blog post that "over the past few months, we've witnessed a spike in fraudulent behaviour happening across the Internet, including here on LinkedIn."

"Be sure to report any content you find on our site that you think might be fraudulent so that our staff can act right away. This includes anybody who requests any kind of sensitive personal data from you, such as the login details for your financial accounts or your LinkedIn account. We also advise you to limit your online interactions to persons you know and trust. We advise you to follow someone instead if you'd like to stay up to date with someone you don't know but who posts stuff that is pertinent to you," he continued.

Comments

ChatGPT-All About ChatGPT.

ChatGPT: The AI-powered Chatbot that Understands and Learns from Your Conversations In today's digital age, chatbots have become a popular way for businesses to improve customer service and engagement. Chatbots can help businesses save time and resources by providing quick and efficient answers to customer queries, and can also offer personalized recommendations and assistance. One such chatbot that has been making waves in the industry is ChatGPT - an AI-powered chatbot developed by OpenAI. In this blog post, we will explore the various features of ChatGPT and how it can benefit businesses and users alike. What is ChatGPT? ChatGPT is a chatbot that uses advanced natural language processing algorithms to understand user queries and provide accurate and relevant responses. It is based on OpenAI's Generative Pre-trained Transformer (GPT) language model, which is one of the most advanced language models in the world. How does ChatGPT work? ChatGPT works by analyzing user input an

"China and India: Emerging Giants in the Global Consumer Market"

The global consumer market is in a state of rapid transformation, with emerging economies such as China and India expected to play a critical role in shaping its future trajectory. The two countries are home to more than one-third of the world's population and are poised to become the world's largest consumer markets. This article explores the potential of China and India as major players in the global consumer market and examines the key drivers that will fuel their growth. China: A Rising Consumer Giant China has emerged as a leading global economic power over the past few decades and is now the world's second-largest economy. With a population of 1.4 billion, China is expected to become the world's largest consumer market by 2030. The country's rapid economic growth, urbanization, and rising middle class have been key drivers of its expanding consumer market. As more Chinese citizens enter the middle class, their purchasing power is increasing, and they are beco

India partners with US, UK, Saudi Arabia, and UAE to safeguard its citizens in Sudan

India is reportedly working in close coordination with the United States, the United Kingdom, Saudi Arabia, and the United Arab Emirates (UAE) to ensure the safety and security of its citizens in Sudan. According to sources, the Indian government has been in touch with the relevant authorities in these countries to take necessary measures to safeguard the interests of its citizens in Sudan. The decision to coordinate with these countries comes in the wake of recent political turmoil in Sudan, which has led to concerns about the safety of foreign nationals in the country. The Indian government has been closely monitoring the situation and has advised its citizens to exercise caution and avoid non-essential travel to Sudan until the situation stabilizes. India has a significant expatriate community in Sudan, including professionals working in various industries such as oil and gas, healthcare, and education. The Indian government is keen to ensure the safety and security of its citizens

Big Boy

Search This Blog