Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Endpoint //

Privacy

3/26/2018
01:10 PM
50%
50%

Facebook Adds Machine Learning to Fraud Fight

Machine learning tools will assist trained human reviewers who Facebook says block millions of fake accounts at the time of registration every day.

In the giant news shadow created by Cambridge Analytics, it can be easy to forget that Facebook-based basic financial fraud victimizes thousands of people every year. Today, Facebook announced that it is enlisting machine learning tools to help battle the criminals.

The new tools will be largely tasked with fighting fake accounts used to commit fraud. While there are a number of techniques being used to identify fraudulent accounts, in a blog post Facebook wrote that the company looks for "instances where people are reaching out to others far beyond their typical network of connections, or in unusually large volumes, along with other behavior patterns."

Facebook's fight against fraud comes against a backdrop of concern about how the social media company treats customers and their data as a general matter. In a statement released today, Tom Pahl, acting director of the Federal Trade Commission’s Bureau of Consumer Protection, says in part, "... the FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook. Today, the FTC is confirming that it has an open non-public investigation into these practices.”

Machine learning tools will assist trained human reviewers who, Facebook says, block millions of fake accounts at the time of registration every day. In addition, Facebook provides users with a guide to spotting scams and fraud.

For more, read here and here.

Interop ITX 2018

Join Dark Reading LIVE for a two-day Cybersecurity Crash Course at Interop ITX. Learn from the industry’s most knowledgeable IT security experts. Check out the agenda here. Register with Promo Code DR200 and save $200.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Edge-DRsplash-10-edge-articles
7 Old IT Things Every New InfoSec Pro Should Know
Joan Goodchild, Staff Editor,  4/20/2021
News
Cloud-Native Businesses Struggle With Security
Robert Lemos, Contributing Writer,  5/6/2021
Commentary
Defending Against Web Scraping Attacks
Rob Simon, Principal Security Consultant at TrustedSec,  5/7/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: Take me to your BISO 
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-23369
PUBLISHED: 2021-05-10
In YzmCMS 5.6, XSS was discovered in member/member_content/init.html via the SRC attribute of an IFRAME element because of using UEditor 1.4.3.3.
CVE-2020-23370
PUBLISHED: 2021-05-10
In YzmCMS 5.6, stored XSS exists via the common/static/plugin/ueditor/1.4.3.3/php/controller.php action parameter, which allows remote attackers to upload a swf file. The swf file can be injected with arbitrary web script or HTML.
CVE-2020-23371
PUBLISHED: 2021-05-10
Cross-site scripting (XSS) vulnerability in static/admin/js/kindeditor/plugins/multiimage/images/swfupload.swf in noneCms v1.3.0 allows remote attackers to inject arbitrary web script or HTML via the movieName parameter.
CVE-2020-23373
PUBLISHED: 2021-05-10
Cross-site scripting (XSS) vulnerability in admin/nav/add.html in noneCMS v1.3.0 allows remote authenticated attackers to inject arbitrary web script or HTML via the name parameter.
CVE-2020-23374
PUBLISHED: 2021-05-10
Cross-site scripting (XSS) vulnerability in admin/article/add.html in noneCMS v1.3.0 allows remote authenticated attackers to inject arbitrary web script or HTML via the name parameter.