The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Information on this website may not be current. This website may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; we do not recommend or endorse the contents of any third-party sites. Readers of this website should contact their attorney, accountant or credit counselor to obtain advice with respect to their particular situation. No reader, user, or browser of this site should act or not act on the basis of information on this site. Always seek personal legal, financial or credit advice for your relevant jurisdiction. Only your individual attorney or advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, contributors, contributing firms, or their respective employers.
Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them. Compensation is not a factor in the substantive evaluation of any product.
Consider this scenario: You’re on Facebook, and you receive two friend requests, both from people you don’t know. With one person, you have no mutual friends, and with the other, you have some. Do you accept either request? Both? Just the one who shares your friends?
Scammers are banking on the likelihood you’ll accept the request if you have mutual friends — the more, the better — even if you have no clue who the requester is. From there, they’ll have access to everything you share with friends, and they’ll start friending your friends and family to see what they share. All that good stuff helps them reach their ultimate goal: identity theft.
It’s called farcing, and a researcher at the University of Buffalo published a study on it in “Information Systems Frontier,” saying these scams spread quickly and widely, as the scammer gathers friends and appears more legitimate.
Farcing happens in two stages, wrote researcher Arun Vishwanath. The first stage is friending. Stage two involves the scammer requesting information from the new friends, aka phishing, the practice of acquiring information through seemingly legitimate means. In Vishwanath’s study, people’s decisions to accept the friend request (part one) relied on the number of mutual friends and the photo of the requester. People were more likely to accept requests from people with more mutual friends.
“Such profiles caused an upward information cascade, where each victim attracted many more victims through a social contagion effect,” Vishwanath wrote. “Individuals receiving a level 2 information request on Facebook peripherally focused on the source of the request by using the sender’s picture in the message as a credibility cue.”
The study used four fake Facebook profiles: one with no photo and no mutual friends, one with a photo and no friends, one with 10 connections and no photo, and one with a photo and 10 mutual friends. Each profile was male, and the photos were considered averagely attractive, Vishwanath said to the University of Buffalo Reporter.
Farcing has been used on a variety of social networks (this study focused on Facebook), and people have used it to bully others, steal identities, spy on others and acquire child pornography. Avoiding it requires exercising caution on social media.
First, you should be careful about what you share online, but beyond that, it’s unwise to connect with someone you don’t know. If the friend request appears to come from someone you have met, you may want to confirm their identity before sharing anything with them, because impersonation isn’t unheard of.
Everyone on social media is at risk for identity theft — it’s a reality of today’s technology and ubiquitous Internet use — so make the effort to secure your personal information. Monitor your accounts (social and financial) for unauthorized use, and check your credit regularly to make sure no fraud is occurring in your name. Your credit score can help you spot fraud, because a sudden, significant change in score may indicate unauthorized activity. You can track changes in your credit scores by reviewing them monthly, which you can do for free on Credit.com.
Image: iStock
October 19, 2023
Identity Theft and Scams
May 17, 2022
Identity Theft and Scams
May 20, 2021
Identity Theft and Scams