“Most of the campaigns using fake pages and malicious ads in Facebook eventually deliver some kind of information stealing malware,” Check Point says. “In the past month, CPR and other security companies observed multiple campaigns that distribute malicious browser extensions aimed at stealing information. Their main target appears to be data associated with Facebook accounts and the theft of Facebook pages. It seems the cyber criminals are trying to abuse existing large audience pages, including advertising budgets, so even many pages with a large reach could be exploited in this way to spread the scam further.”
The Facebook pages are often very convincing and have many followers, which adds to their credibility.
“The threat actors behind certain malicious Facebook pages go to great lengths to ensure they appear authentic, bolstering the apparent social credibility,” the researchers write. “When an unsuspecting user searches for ‘Midjourney AI’ on Facebook and encounters a page with 1.2 million followers, they are likely to believe it is an authentic page. The same principle applies to other indicators of page legitimacy: when posts on the fake page have numerous likes and comments, it indicates that other users have already interacted positively with the content, reducing the likelihood of suspicion.”
Check Point gives the following advice to help users avoid falling for phishing attacks:
New-school security awareness training can enable your employees to recognize these types of social engineering attacks.