This is how scammers can hack your Facebook by saying they will monetize it

 This is how scammers can hack your Facebook by saying they will monetize it

Meta has officially launched its content monetization service in Nepal this week. The company has officially included Nepal in the list of countries eligible for monetization. With this, Nepali Facebook users, especially professional accounts and page operators, can now earn money for posting content.

Meanwhile, the activity of gangs that monetize or take over Facebook by claiming copyright has also increased. Comedian Manoj Gajurel had informed about the phishing email received on Tuesday evening. “After Facebook monetization was enabled in Nepal, the number of scammers/hackers is increasing. They scam by sending fake messages as if they were sent by Facebook itself,” he said.

The screenshot he posted shows an email from the name Bhagya Shah. The email in it is from ieee.org. The issue of how a phishing link came from an email with the name of a trusted organization like IEEE, or the Institute of Electrical and Engineering, is raising doubts.

Cybersecurity researchers have viewed this as spoofing. Email spoofing is a type of cyber attack in which a hacker fakes the From address of the person sending the email. In this, the recipient of the email is misled into thinking that the email came from a trusted source, such as their bank, colleague, or a familiar company. Its main purpose is to trick users into stealing their personal information, spreading malware (viruses) on their computers, or committing financial fraud.

When searching for a person named Bhagya Shah, who is affiliated with IEEE, an account was found on Facebook. He mentioned that he worked in the ‘IEEE Student Chapter, NIT Surat’. When visiting the page, it was seen that it was associated with IEEE. It seems that the email of this user was hacked and the phishing email was sent.

Similarly, scammers seem to be trying to take over Facebook (profiles and pages) by linking content monetization, which was officially launched in Nepal this week. It has been seen that they are taking control of the page by boosting posts on social media and setting up content monetization and giving access to the page for that. Some users have suggested avoiding such assurances by posting videos on TikTok and Facebook.

Some scammers give reviews on the page. In the review, they are supposed to share their experience of how the page was. However, to deceive the page administrator, they are warned that ‘your page has violated copyright rules, if you do not adjust the settings in this way, the page will be disabled forever’. When the user follows their instructions and provides cache data, the page is hacked.

Scammers create pages with names like ‘Notification’, ‘Meta for Business’, ‘Meta’. And, they send messages from the same page saying that the user’s page is about to be disabled. Out of fear, the user's page will be hacked if they give the instructions.