03/12/2024

Officials Say Meta Abandons Hacking Victims

This behavior is draining law enforcement resources

Forty-one state attorneys general penned a letter to Meta’s top attorney on Wednesday saying complaints are skyrocketing across the United States about Facebook and Instagram user accounts being stolen, and declaring “immediate action” necessary to mitigate the rolling threat.

The coalition of top law enforcement officials, spearheaded by New York attorney general Letitia James, says the “dramatic and persistent spike” in complaints concerning account takeovers amounts to a “substantial drain” on governmental resources, as many stolen accounts are also tied to financial crimes—some of which allegedly profits Meta directly.

"We have received a number of complaints of threat actors fraudulently charging thousands of dollars to stored credit cards," said the letter addressed to Meta’s chief legal officer, Jennifer Newstead. "Furthermore, we have received reports of threat actors buying advertisements to run on Meta."

Please select this link to read the complete article from WIRED.