Skip the navigation
News

Phishers harvest Facebook passwords for profit

Thieves assume people use the same password for most online identities

By Gregg Keizer
May 18, 2009 07:01 AM ET

Computerworld - Identity thieves that hit Facebook last week with a new round of phishing attacks are harvesting passwords for profit, a security researcher said today.

"It's not surprising that they're targeting Facebook," said Kevin Haley, a director on Symantec's security response team. "Facebook has, what, 200 million-plus users? The bad guys always go where's there's a lot of people."

The newest Facebook attacks resemble previous phishing rounds in their tactics: A compromised account sends a malicious link to friends. That link leads to a site that mimics the legitimate log-in page. But users duped into entering their usernames and passwords are likely giving away more than just their Facebook credentials, said Haley.

"Certainly this isn't new," he said, "but we think that what you're seeing is an attempt to shake out every last dollar they can get."

The criminals are operating on the assumption that the Facebook password they acquire from any given user has a good chance of being the same password that person uses on other sites, such as online shopping services or even bank accounts.

"Get one password for the right person and it's like having their wallet handed over," Symantec researcher Marian Merritt in the post to Symantec's security response blog said on Friday.

Although Symantec has no statistics on the percentage of users who rely on just a single password for multiple online services or activities -- Haley called the evidence "anecdotal" -- it's an assumption that both criminals and researchers make. "When you talk to users, that's what they tell you they do," he said.

Facebook has acknowledged the attack, and said it has reset passwords of compromised accounts and eliminated the phishing messages when it has found them.

"It's not like this is some great new virus technology," Haley said, noting that the newest attacks are unlike worm-based attempts to infect Facebook accounts with the Koobface worm. This is straight con job. "Cons have been known from the beginning of time," Haley continued. "But now we're seeing them coming a little faster and more furious."

The problem with social sites like Facebook is that they portray a certain level of trust -- others are "friends," after all, Haley added -- and while users' may be wary of clicking on links delivered via traditional e-mail, they haven't yet made the same connection to social networking.

"People are very wary of e-mail [phishing attacks]. They've begun to catch on," said Haley. "But they don't have their antenna up when it comes to social networking."

Symantec's Merritt urged users to use more caution before clicking on links, to double-check the site's URL and to use more, and more complex, passwords.

But Haley is pessimistic that the advice would sink in anytime soon. "It's a progression," he said, referring to the learning curve users go through before they realize they need to take care of their identities in a new online technology or type of service.

Even then, it's a never-ending fight. "If there's a way to figure out a new way to attack, the bad guys will do it," Haley concluded.

Read more about Security in Computerworld's Security Topic Center.



Additional Resources
Forrester Consulting - Optimizing Users and Applications in a Mobile World
WHITE PAPER
Solving application issues over the WAN requires careful consideration. Based on their independent research, Forrester Consulting offers recommendations on how to tackle application performance issues, insufficient bandwidth and the inability to quickly restore users in a disaster.

Read now.

Security KnowledgeVault
WHITE PAPER
Security is not an option. This KnowledgeVault Series offers professional advice how to be proactive in the fight against cybercrimes and multi-layered security threats; how to adopt a holistic approach to protecting and managing data; and how to hire a qualified security assessor. Make security your Number 1 priority.

Read now.

Cut Communications Costs Once and for All
WHITE PAPER
New IP-based communications systems are being deployed by small and midsized businesses at a rapid rate. Learn how these organizations are enabling faster responsiveness, creating better customer experiences, speeding office or mobile interactions, and dramatically reducing existing communications costs.

Read now.

Security White Papers
Overcome Top 7 Admin Challenges of Active Directory
As Active Directory's role in the enterprise has drastically increased, so has the need to secure the data. Gain insight on creating repeatable,...
Insiders Can Ruin Your Company. Take Action.
Did you know that 80 percent of threats to an organization come from the inside? The threat from insiders is often overlooked in...
Top Solutions and Tools to Prevent Devastating Malware
Custom malware frequently goes undetected. According to Forrester Research, the best way to reduce risk of breach is to deploy file integrity monitoring...
X-Ray of the PCI Process-4 Proactive Steps
This white paper from Forrester Research Inc., helps break PCI into understandable components. Security and risk professionals will gain knowledge and insight into...
Identity Governance: The Business Imperatives
This white paper describes the business challenges and opportunities that are driving interest in Identity Governance while discussing considerations your organization should make...
All Security White Papers
Security Webcasts
Live Webcast
Playing Defense: Staying on Top of Your Disaster Recovery Game
When it comes to disaster recovery, rapidly growing data volumes, distributed computing models, and new technologies all combine to present an ever-changing playing...
Introduction to VMware vCenter Site Recovery Manager 5
Traditional disaster recovery solutions are often too expensive, complex and unreliable to meet business requirements. As a result, IT departments are hesitant to...
The Top Ten Secrets to Avoiding SAN Performance Problems
Maintaining peak performance while simultaneously addressing the root cause of SAN errors is challenging. Learn the most common SAN problems and explore new...
Deduplication Without Compromise
Go inside Quantum's scalable, high-performance, multi-protocol new DXi deduplication appliances, designed to make backup much more effective. Discover how the new future-proof DXi6700...
Director of Disk Products Discusses DXi6700
Discover how the new DXi 6700 series of deduplication appliances provide investment protection and a future-proof feature set, all while delivering fast, scalable,...
Playing Defense: Staying on Top of Your Disaster Recovery Game
When it comes to disaster recovery, rapidly growing data volumes, distributed computing models, and new technologies all combine to present an ever-changing playing...
All Security Webcasts
Newsletter Sign-Up

Receive the latest news test, reviews and trends on your favorite technology topics

Choose a newsletter
  1. View all newsletters | Privacy Policy
IT Jobs