Social engineering has for a while now been cyber attackers' best bet to enter systems and compromise accounts when actual hacking doesn't work, or when they simply don't want to waste much time getting in.
A pretty convincing email phishing campaign is targeting one of the largest user bases out there - those who use Microsoft's Windows OS - by taking advantage of the recent problems that the company has been having with updates.
An extremely thorough phishing campaign is currently targeting American Express customers by trying to make them believe that access to their account will be restricted within 48 hours if they don't update their account information.
The cross-platform Frutas RAT is being used in a new email phishing campaign targeting high-profile finance, mining, and telecom companies as well as governments in Europe and Asia.
Hijacked social networking accounts can be monetized in a number of ways, so cyber crooks are always thinking up new ways of doing so, preferably without the user noticing.