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Facebook groups let members publicly buy and sell illegal goods and services: Report

Andrew Blake The Washington TimesJune 5, 2019

Facebook has fallen short of stopping cybercriminals from using the social network to openly buy and sell illegal goods and services, security researchers warned Friday.

Researchers at Cisco Talos reported finding dozens of different groups on Facebook recently serving as effective online marketplaces and exchanges for cybercriminals, making the social network a surprisingly popular alternative to illegal services hosted on significantly less public parts of the internet.

“In all, Talos has compiled a list of 74 groups on Facebook whose members promised to carry out an array of questionable cyber dirty deeds, including the selling and trading of stolen bank/credit card information, the theft and sale of account credentials from a variety of sites and email spamming tools and services,” the researchers said in a blog post.

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