Security vendor PandaLabs has discovered an online service offering to help those so inclined to hack into any Facebook account they choose for a price: $100. Security vendor PandaLabs has discovered an online service offering to help those so inclined to hack into any Facebook account they choose for a price: $100.However, those who sign up for the service could find themselves becoming the victims instead, PandaLabs warned today.The Facebook hacking service, which is delivered via a professional looking Web site, was discovered by PandaLabs earlier this week.Users of the service are required to first register with the site and then provide an ID of the Facebook account they want hacked, said Luis Corrons, technical director of PandaLabs. Users who enter the ID and click on a “Hack it” button are then presented with the username of the owner of the Facebook account. They then have the option to “Start Facebook hacking.” Those who follow the instructions are eventually told that the hack was successful and a password for the account was retrieved. But to actually get the password, the user is then required to send $100 via Western Union to an individual in Kirovohrad, Ukraine. It’s not clear whether sending the money will yield any login and passwords, Corrons said.But the way the site has been designed and the ease with which a potential client can interact with it lends it a certain degree of credibility, he said. The site contains an FAQ section, which claims the site has been in business for more than four years. The site even provides a link to a Webmoney account that in fact does appear to be four years old, Corrons said. However the domain itself appears to have been registered by someone in Moscow only a couple of days ago, he said.“We’ve been looking at it and we are 99.9% sure it is a ruse,” to get people to pay up money in exchange for what they think will be legitimate Facebook credentials, he said.At least as of the last time PandaLabs inspected the site, it was not downloading or distributing any malware and seems to have been set up purely to scam those seeking to gain illegal access to Facebook accounts, Corrons said.Those who do fall for the scam are unlikely to go to law enforcement to report it, he noted. Related content news UK government plans 2,500 new tech recruits by 2025 with focus on cybersecurity New apprenticeships and talent programmes will support recruitment for in-demand roles such as cybersecurity technologists and software developers By Michael Hill Sep 29, 2023 4 mins Education Industry Education Industry Education Industry news UK data regulator orders end to spreadsheet FOI requests after serious data breaches The Information Commissioner’s Office says alternative approaches should be used to publish freedom of information data to mitigate risks to personal information By Michael Hill Sep 29, 2023 3 mins Government Cybercrime Data and Information Security feature Cybersecurity startups to watch for in 2023 These startups are jumping in where most established security vendors have yet to go. By CSO Staff Sep 29, 2023 19 mins CSO and CISO Security news analysis Companies are already feeling the pressure from upcoming US SEC cyber rules New Securities and Exchange Commission cyber incident reporting rules don't kick in until December, but experts say they highlight the need for greater collaboration between CISOs and the C-suite By Cynthia Brumfield Sep 28, 2023 6 mins Regulation Data Breach Financial Services Industry Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe