The Center for Information Assurance and Joint Forensics Research at the University of Alabama at Birmingham announced a $250,000 grant from Facebook Monday, and the funding comes not from the company’s coffers, but from money that Facebook has recovered from spammers around the world. The donation is in recognition of the center’s role in tracking international criminals behind social media botnet Koobface, as well as other spammers.
Internet security company NetWitness has just published a report that reveals an 18-month-long widespread hacker attack on computers worldwide whose topmost method of malware delivery was Facebook. However, while over 3500 Facebook login credentials were stolen, that’s a very tiny percentage given there are over 400 million users of this social media site. Yahoo and Hi5 came in 2nd and 3rd, respectively, for stolen credentials.