via Graham Cluley, Naked Security
Facebook has released statistics showing that it believes there are more than 83 million fake accounts on its social network.
Some 8.7% of the site’s 955 million users are believed to be bogus, according to documents that the company filed with the Securities and Exchange Commission (SEC) earlier this week.
According to Facebook, the biggest proportion of the bogus accounts (4.8% of all accounts on the network) belong to users who maintain duplicate accounts.
Why might you want to have more than one account? Well, I know a primary school teacher who doesn’t want her pupils to see what she gets up to socially (and the drunken pictures her friends might post of her at wild parties) and so she maintains one “professional” account (under her real name) and another “personal” account under a nickname.
Of course, such behaviour (the ownership of more than one account, not the partying) is in violation of Facebook’s terms & conditions.
That clearly isn’t bothering some 45 million users, however.
Then there are what Facebook calls “user-misclassified” accounts. Those users who have created personal profiles for their business, their boat, their pet, or some other non-human entity.
Facebook claims that approximately 2.4% of the accounts on its network are mis-classified in this way, and that really the owners of those almost 23 million accounts should create a page for their business/pet/etc instead.
Finally we come to the 1.5% of accounts that are categorised as “undesirable”. Over 14 million Facebook accounts are used for the primary purpose of sending out spam or other malicious links and content.
Why does this matter? Well, clearly all Facebook users are interested in the site becoming a safer place, and the level of spam and malicious links being minimised. But more than that, companies who are considering advertising on the social network want to be sure that any “likes” they receive are from genuine users, not bogus accounts.
So many fake accounts, according to the latest 10-Q form filed on July 30th,
http://www.secdatabase.com/CIK/1326801/Company-Name/FACEBOOK-INC
Facebook is facing the real challenge not disclosed in its IPO filing. Slow user grower rate, ineffective Ads, lot of fake users, and even robot clicks!. You should read its filing from top to bottom, and you may think – will it be another myspace?