A cybercriminal operation tracked as Ducktail has been hijacking Facebook Business accounts causing losses of up to $600,000 in advertising credits.
The gang has been spotted before using malware to steal Facebook-related information and hijack associated business accounts to run their own ads that are paid for by the victim.
Believed to be the work of a threat actor based in Vietnam, Ducktail was first documented earlier this year targeting individuals with high-level access to the Facebook business account that enables companies to reach a specific audience through paid campaigns and advertisements.
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Source: Bleeping Computer