Photo by Nicole De Khors from Burst
This might make you want to change all your passwords. A new report from security firm Arkose Labs says 53 percent of all social media login attempts are made my hackers. Also, a quarter of all new social media signups are connected to scammers.
Arkose says they want personal data that can be used to break into your bank accounts and other sensitive accounts. The report estimates that cybercrime will cost more than $6 trillion in damages by 2021.