Scammers will seize any angle they can to try to reel in the unsuspecting, and the initial public offering announced by Facebook yesterday is no exception.

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More than half of Facebook users are worried about timeline, according to a poll of 4,110 people by Sophos.

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Amazon.com doesn’t give away free gift cards on Facebook. Posts promising them were going up on the social network some 15 hours ago and in all likelihood the scheme may revive itself using a different address — whatever you do, don’t click on them.

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Spammers went straight to the source over the Thanksgiving holiday weekend, targeting the community forum on the Facebook help center.

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With Halloween just days away, here’s something that ought to spook you: 600,000 accounts a day get compromised on Facebook.

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So, you received an email saying that you won the Facebook lottery?

Well, you might want to cancel the vacation reservations and the new car, and find a way to delete that email to your boss, since the Facebook lottery doesn’t exist.

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We’ve noticed fewer security snafus on Facebook this past quarter, but that’s probably because we happen to be following most recommendations about security.

Sophos recommends in its half-year report on security issues that you:

• Read the Facebook’s official guide to privacy;
• Monitor and adjust your Facebook privacy settings;
• Get more selective about sending and accepting friend requests;
• Show “limited friends” a cut-down version of your profile, and
• Disable all options in the security, privacy and e-mail notifications section, then re-enable them one by one, upon careful review.

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Unfortunately, with the death of any high profiled celebrity, opportunistic scammers will try to capitalize off internet traffic and interest following said death. So it’s no surprise Amy Winehouse death scams took to Facebook just hours after she was found dead in her Camden home on Saturday. Watch where you click when this star’s name appears on the site.
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Sophos has presented three suggestions for Facebook to improve security and privacy on the site, in an open letter posted on the consultancy’s site and circulating virally on the social network.
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According to a new report published by Sophos today, Facebook now poses the greatest security risk to companies among the leading social networks. Of the 500 firms which were polled, 60 percent “felt that Facebook was the biggest danger”. Why is Facebook such a security threat? For a number of reasons including malware, spam and phishing, employee behavior which increases risk, and potential loss of data made public on Facebook.
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