Hi All,

Its an intresting one which i came across

*With its millions of users, the world’s most popular social network has
become a perfect target for hackers exploiting such a dense concentration of
potential victims. PandaLabs, the anti-malware laboratory of Panda Security
has received numerous reports from users whose Facebook profile has been
hacked and whose identity has therefore been placed at risk.*

Apart from phishing attacks or spam, which are now easily recognized by many
Internet users, hackers are employing new methods, which for the moment at
least, are proving to be successful. Here is an analysis of the technique
which has been most frequently used over recent months:

Step 1: The bait

The bait normally comes from the profile of a friend whose account has
already been hacked. Users typically receive a message (which appears to be
genuine) suggesting the recipient clicks a link for one reason or another.
In most cases, the message offers a “spectacular video” or claims “you
appear in this clip”, and normally includes the user name of the recipient.
Example:

Step 2: Phishing attempt

Having attracted the attention of the user, cyber-crooks now need to get the
user name and password of the intended victim to launch the second phase of
the attack. The page that the link points to is a perfect replica of the
Facebook login page, but is hosted on another Web address:

Step 3: Gaining complete access

Now the user has clicked the link and entered their login credentials, they
have to grant the malicious application which is running the attack complete
access to their personal information, as well as the rights to post
information through their profile. This ensures that the attack can be
spread further through friends and contacts of the victim.

After gaining the permission, the attack continues, targeting the victim’s
contacts and starting the process all over again with new users, as
illustrated in the example below:

 What to do if your Facebook profile has been hacked

Step 1: Firstly, remove all permissions that have been given to the
malicious application. This is a simple process: from Account > Application
settings in the top-right corner of your Facebook profile. This ensures that
the application will not continue to have access to your profile once the
password is changed. Step 2: Change the login password! To keep your
identity safe, it is advisable to change your password and the user name
(it’s a good idea to do this from time to time anyway). This is also easy:
Go to Account > and Account Settings in the menu in the top left corner of
your Facebook profile. It is also advisable to use strong passwords that
cannot easily be guessed.

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