The 5 most common scams on TikTok

TikTok is increasingly popular, and as was the case with all social networks in the expansion phase, in addition to the increasing number of users, there are also more and more fraudsters on the platform. In just six years, TikTok has become the dominant platform for sharing and watching short videos where users, at least in some parts of the world, spend more time than YouTube.

Cybercriminals are very creative and always closely monitor trends and even successfully predict changes in order to maximize the results of their efforts.

Fraudsters have long been taking advantage of social networks, and above all, their large audience. TikTok has over 1.2 billion daily users, and among them there are always enough gullible and careless people who can lose money, their account or reputation.

ESET researchers recalled several of the most common pitfalls of the popular platform.

Often times, scammers lure people in with claims of huge rewards for little effort. Cryptocurrencies have boomed (and crashed) lately, but they’re still great bait for the gullible. Scammers’ offers always sound too good to be true, and they always are. Would Elon Musk really give a million dollars to strangers on the internet for no reason? Unfortunately, there are always people who would believe that.

Phishers are on TikTok too. Scammers may try to offer a verification badge, more followers, or even a sponsorship. When a potential victim clicks on the link in the message, they will be redirected to a site where they will be required to enter their TikTok account login information. If the user does not have two-factor authentication (2FA) enabled (which TikTok accounts do not have by default), when this information is submitted, hackers will have control of the account and could lock it.

TikTok, unfortunately, is still full of bot accounts that interact with users in a way that makes them think they’re chatting with a real person. These bots can end up asking victims for sensitive information or redirecting them to a site that will ask them for sensitive information or even tricking them into installing malware on their phones.

Fake TikTok accounts sometimes promote apps that are also fake. Some accounts will claim that certain paid apps can be downloaded for free from certain app stores. However, in order to steal your data, these apps will actually install malware or adware on your device.

Some accounts may be impersonated as celebrity accounts. These accounts usually duplicate the content of a celebrity’s account to gain as many followers as possible, and before being discovered and reported these accounts can be used to promote scams such as cryptocurrency investment scams.

How to protect yourself? The recommendation of experts from ESET is that first of all, if you haven’t already, turn on 2FA. Please note that TikTok will never contact you asking for your account details, password, one-time code or any other verification methods. Scammers will likely try to get you to share your personal information, usually via email or an in-app message. If you come across videos on TikTok that you think might be scamming people, delete them immediately report to TikTok and stay away from links related to videos.

Source: by

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