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Meta to Pay Up to $18B Over Teen Social Media Use
Meta agreed to pay up to $18 billion and cap teen Facebook and Instagram use at two hours daily, settling child-safety lawsuits from most US states.
Meta settled claims that it deliberately designed Facebook and Instagram to addict children, ending a federal trial as Instagram head Adam Mosseri began testifying and Mark Zuckerberg was expected to testify. Of roughly $16.7 billion for 47 states and territories, $12.7 billion is guaranteed and $5 billion is contingent on Snapchat, TikTok and YouTube adopting similar teen protections. The deal also resolved state privacy claims tied to Cambridge Analytica for an additional $459 million, while New Mexico (a $567 million ruling) and Florida opted out of the settlement.
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FBI: Hackers using social engineering to breach accounts and steal explicit content
FBI warns hackers use social engineering and password-stuffing to hijack social media accounts and sell victims' explicit content on criminal marketplaces.
The FBI issued an alert on threat actors who breach social media accounts of adults and children using password-stuffing with credentials from data leak sites, impersonation of social media support staff, and cloned login pages, in order to steal and sell explicit content. Stolen content is often posted with victims' personal information, leading to sextortion, harassment, and stalking. Related DOJ cases include a man who pleaded guilty to hacking about 600 Snapchat accounts and a former University of Michigan coach who accessed records of about 150,000 people across 100+ colleges.
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DarkSword: Researchers uncover another iOS exploit kit
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