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FinCap Friday: Scams & Traps on Social Media Apps Flashcards | StudBud

Explore/FinCap Friday: Scams & Traps on Social Media Apps

FinCap Friday: Scams & Traps on Social Media Apps

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Questions 5

Answers

1
What does it mean for an account to be "verified" on social media?
The account has been hacked and needs verification
The account has been flagged for suspicious activity
The account owner has provided proof of identity
The account has been deleted by the platform
2
How much money did those under 20 yrs old lose to online scams in 2021?
$10.4 million
$41 million
$101.4 million
$1.4 million
3
What is one sign that lets you know a social media account seems suspicious?
The account is verified with a blue check
The account posts daily content
They have a very high number of likes on all posts
The account sends unsolicited direct messages
4
What tactic do social media scammers often use to lure their targets?
Post genuine product reviews
Get celebrity endorsements
Use a verified account
Use stolen photos of real people
5
Which age group has been most susceptible to social media scams?
Retired, elderly individuals
Teenagers and young adults
Middle-aged adults
Children under the age of 10