When Blippy, which lets you twitter credit/debit card purchases rolled out earlier this month, my eyes rolled as well. Maybe because I still don't get Twitter. Somebody Tweets "I'm at Peet's" and frankly, it won't be more interesting finding out how much they spent there and what card they used. Who cares? Answer: The bad guys!
Social networking sites have been identified as a nesting ground for purveyors of malware and phishing techniques, thus financial information gathering. It isn't difficult for them to round up needed information, but why make it easy for them by signing up to have your purchases show up as "blips" on the bad guys radar screens? I was waiting for someone else to see the naked emperor before saying anything. Cyveillance has spoken...
Blippy, could be a valuable tool for cyber criminals, warns Cyveillance.
Blippy, a Spear Phisher’s Dream
This month, a service called
Blippy was rolled out to the general public. In a CNN article this week, Blippy
was described as a “financial version of twitter.com”, where users’ credit card transactions are posted to the internet much like the short tweets that people post to twitter.
On twitter, users post up to 140 characters on any topic they wish to discuss. On Blippy, a posting displays how much a person paid for a recent purchase. In the image below for example, we see that Michael Arrington of TechCrunch paid $112.64 at Amazon for a SanDisk 16GB 60MB/s Extreme Compact Flash Card.