Adwords phishing scam costing Google Adwords users millions
I was surprised to find that scammers are now attempting to break into your Google Adwords account. Below are the screen shots verifying this:
It seems hard to believe that someone would break into another persons Adwords account. In today’s sophisticated criminal world it’s a rather ingenious way to steal. The original account holder gets hurt because it ruins their account and possibly eliminates their chances of using Adwords in the future. Google gets hurt the most because they face credit card charge backs from the original account holders after the damage is done.
I assume that some malicious affiliates or online marketers are behind some of these account break-ins; possibly and most likely some Russians (as that seems to be the stereotype). If you don’t have to foot the bill - why not just blow through daily budgets and advertise affiliates offers? Google can track this however by finding out the affiliate ID’s of these malicious hackers. Therefore, it is imperative that Google be able to “back-up” the accounts of affected users in order to deter these phishing schemes and protect the Adwords advertising system.
Tags: Adwords, Credit Cards, google, hackers, online advertising, Phishing, Scam
