Digital Smarts - Bots Causing Havoc on Social Media
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Automated bots are taking over social media, says Arkose Labs, adding that more than half the logins and a quarter of new social media account applications are fraudulent. These fake accounts have implications for those fighting against cyberbullying and misinformation. The company reviewed 1.2 billion third-quarter transactions across platforms, including gaming and e-commerce, and determined that about 75% of fraud on social media was committed by bots.