ESET reveals Its Report
ESET warns Indian users against new gift card scams tailored to Pinterest, a new social network which has recently reached the largest number of visits after Facebook and Twitter, thereby becoming a target for cyber fraudsters. New social network Pinterest.com allows beefed up sharing of your interests with friends via a large visual bulletin board style forum is gaining popularity at the speed of light, in India and worldwide.
"The gift card scams start by purporting to offer free goods or services, ranging from coffee gift cards to free iPads. We have seen this before with more traditional web-based scams, but here the scam is tailored to Pinterest, coaxing the user to click on the pinned entry and visit endless survey websites before getting the alleged gift card. The twist is that scammers add a step required to 'get your free gift card' that includes you re-pinning the original scam, thereby spreading it in your name, seeming to be coming from you instead of the original scammer," said Cameron Camp, Security Researcher, ESET.
In spite of Pinterest trying to crack down on these scams and users becoming familiar to them, still the scams are propagating. As well as identity security risks! As Pinterest has produced an API interface for other apps to interact with the service researchers expect it might expose new security risks or exploits.
The researcher points out that many Pinterest users have been caught off guard by the amount of their Facebook information which seems to "magically" appear on Pinterest, when they login to the site, especially pins from users whose names are familiar - from the Facebook friend list.
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