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Facebook site says 600,000 fraudulent account logins attempted every day
Sunday, October 30, 2011 : Social networking site says 600,000 fraudulent account logins attempted every day
The efficacy of anti-fraudster Facebook measures was illustrated this week when the site revealed that hackers using stolen username and password credentials try to break into at least 600,000 accounts every day on the social network.
The revelation was emerged in a new security announcement issued by the company Thursday describing the virtues of its new "Trusted Friends" password restoration technique. UK-based computer security firm Sophos was the first to pick up on the astonishing number of attempted intrusions into Facebook member accounts.
The Facebook blog entry covering the attempts includes an infographic explaining the success of the network's efforts to beat back spam, account hijacking, and other ills. Facebook claims an impressive counter-measures record, revealing that "only 0.06 percent of 1 billion logins per day are compromised."
Among other tactics, the site challenges would-be hackers with additional authentication questions, such as asking users to identify friends in pictures, said spokesman Barry Schnitt.
"600,000 times a day, we stop a bad guy from getting access to an account even though he has guessed, phished, or stolen the login and password of an account," Schnitt said. "This is something we're very proud of."
Sophos' Graham Cluley said in a post Friday:
"Facebook ID theft is a serious problem which lays the foundation for all manner of other cyber misbehavior. Recently, msnbc.com reported on a woman who sent $2,000 to a criminal, believing she was communicating with her sister through Facebook chat. Other common scams include criminals hijacking friends' accounts and trying to talk users into coughing up money."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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