Cybercriminals Make $3.25B+ a Year Using Social Media (SiliconANGLE)


As bad as content such as anti-vaccine material on Facebook Inc. or alleged suicide instruction videos on YouTube look, a new report out today details an even more nefarious use of social media: the promotion of cybercrime tools. Cybercriminals are said to be using social media to distribute malware “to instantly reach and infect millions of users, globally, with virtually no effort.” Malware distribution can include cryptomining, malvertising, phishing links or other dubious applications.