Urgent warning for TikTok users – beware of these five scams seen on the app… – The US Sun





BILLIONS of TikTok users are at risk after a variety of deceptive scams have taken root on the social media app.
Protect your information and wallet by being in the know of the video platform's most prevalent schemes.
Experts at We Live Security believe that if something on TikTok is too good to be true, it isn't true at all.
Scams promising free money or guaranteeing a cryptocurrency will have high returns are the ultimate example.
Financial Conduct Authority (FCA) research says 40% of crypto users have got involved with cryptocurrency after seeing a social media advert.
Scammers likely know there are many inexperienced investors scrolling TikTok and will bill themselves as sponsors for crypto projects in the comment section of videos about finance.
But even supposed experts can get caught in a scam, and then worsen the damage by promoting it.
Crypto influencer Matt Lorion apologized to his millions of TikTok followers in April after promoting a cryptocurrency called Mando that turned out to be a scam.
Digital tokens are a useful angle for scams because buyers are led to believe tokens with low value will spike to unthinkable highs, generating low-effort revenue for the buyer.
Phishing messages are an unsolved problem for social media sites of all types.
Abnormal Security, another cybersecurity firm, flagged a phishing campaign that targeted accounts with a high volume of followers.
The TikTokers were offered verification tags, or misled into believing they had violated terms that put their account at risk.
The ability to identify phishing mail is a 21st century survival skill.
Never share account or payment information with untrusted sources or click suspicious links.
Branding specialists on TikTok use bots to help generate a following or force a video into user feeds by pumping its views.
But bots are also used to deploy phishing schemes or spread misinformation that puts the user at risk.
Bot accounts have been known to spam accounts with tags, drawing them to unexpected and potentially risky content.
There is only one TikTok app – beware of fakes.
We Live Security's blog flagged the propagation of a false "TikTok Pro" app that acts as spyware.
False apps have cropped up in nations where TikTok is banned, taking advantage of users that are eager to get back online.
Malicious actors will copy many of the details about a creator's account to draw users to their scam page.
You may find scammers add an extra letter to their fake account or numbers and hyphens.
Impersonation pages can spread misinformation or suck users deeper into a scam while damaging a real person's credibility.
TikTok's community guidelines explain "We do not allow accounts that pose as another person or entity in a deceptive manner."
But impersonation accounts only need to be up long enough to execute a scam.
Remember, the United States and China have haggled endlessly over TikTok and ByteDance's data collection practices.
The biggest scheme of them all could be the app itself.
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