Recently, Facebook sued a Chinese company for trying to use malicious software to damage its account in order to put fraudulent ads on social media.The company used stolen facebook accounts to lure people to click on celebrity photos and fake advertising links, install malware and advertise fake products, weight-loss pills and men's products.
Facebook has accused Chen XiaoCong, CEO of software developer ilikad Media International Co, and Huang Tao, a marketer, of hijacking a large number of ad accounts by using star scripts and images for packaging at least since 2016. This behavior violates Facebook's terms of service and advertising policies, touching the "account takeover fraud" in its user statement.
In addition, Facebook has found that the company is using "disguise" to conduct online platform transactions. They hide the real location of these advertising addresses in the Facebook system and replace them with phishing links of fake and inferior products.
When the user clicks, the advertisement will take the user to the phishing website page, making it difficult to identify and investigate the relevant individuals and the organizations behind them.
Facebook pointed out that social media platforms have a lot of means to commit crimes, and there is a lack of targeted laws to restrict various detailed violations, which is also the reason why the platform is required to file legal proceedings against this practice.
Facebook has also sent the information to the hijacked user accounts, informed users of the possibility that the accounts could be used for unauthorized advertising, and initiated corresponding protection measures.
At present, the incident has not caused significant losses.