Iran Latest Bad Actor to Spread Misinformation on Facebook
*By Carlo Versano*
Facebook, Twitter, and Microsoft all announced this week they had shut down accounts and websites created to spread misinformation or malware almost immediately after discovering them.
But the scope of the threat remains unclear.
"I don't think anybody has a sense of how big the disinformation efforts are online by various foreign adversaries," said Washington Post technology reporter Craig Timberg. "It's not clear to me there are any systems set up to catch it."
The latest sweep targeted accounts and posts all traced to Iran ー hundreds, in the case of Facebook and Twitter ー though they pale in comparison to the coordinated misinformation campaign the Russians deployed in 2016, Timberg said Wednesday in an interview on Cheddar.
The speed with which these companies are alerting the public indicates they realize a need to be proactive about manipulation efforts on their platforms, said Sara Fischer, a reporter for Axios who also appeared Wednesday on Cheddar.
"I think it gives them a little bit of an upper hand every time they come out and say, 'We found something,'" Fisher said. The hope is that a "more holistic effort" will develop between the public and private sectors to take on cybersecurity issues, she added.
Fischer said that Silicon Valley's attempts at transparency are currying favor with regulators in Washington and strengthening users' trust in the platforms.
"This is evolving from being a tech policy and tech response conversation to a national security conversation," she said.
Facebook [announced](https://newsroom.fb.com/news/2018/08/more-coordinated-inauthentic-behavior) on Tuesday it removed 652 accounts and pages with ties to Iran. Soon after, Twitter [said](https://twitter.com/TwitterSafety/status/1032055161978585088) it suspended 284 accounts, many of which also originated in Iran, all meant to engage "in coordinated manipulation."
The Iranian Facebook campaigns included anti-Saudi and anti-Israel content and were aimed at users in the U.S., UK, Latin America, and the Middle East, according to [Fireye](https://www.fireeye.com/blog/threat-research/2018/08/suspected-iranian-influence-operation.html), a cybersecurity firm that worked with Facebook on the investigation.
Both announcements follow a [report](https://cheddar.com/videos/microsoft-uncovers-new-russian-hacking-scheme) earlier in the week from Microsoft that found Russian intelligence groups had built a suite of fake U.S. political sites in an attempted spear-phishing campaign.
It has been well-established that social media can be used as a tool for manipulation by bad actors, Timberg said.
"We shouldn't believe everything we read on the internet," he said.
For full interview, [click here] (https://cheddar.com/videos/iranian-fake-news-accounts-targeted-people-around-the-world).
Jarrod Loadholt, Partner at Ice Miller, joins Cheddar News' Closing Bell, where he calls President Biden's executive order on digital assets a 'home run' and explains the ways it benefits the greater cryptocurrency market.
Auction-based advertising infrastructure startup Topsort
raised $8 million in a seed funding round. Topsort says companies like Google and Amazon have been making huge profits from auction-based advertising for decades, but that the technology is complicated, exclusive, and hard to build. The company is trying to be a solution, by offering an auction-based advertising API to smaller retailers and marketplaces. Regina Ye, CEO and co-founder of Topsort, joins Cheddar News' Closing Bell to discuss.
Lance Ippolito, Head Trader at Future of Wealth, joins Cheddar News' Closing Bell, where he says the President's executive order on crypto is a step in the right direction even though investor sentiment cooled off on Thursday.
After a week of headlines that ranged from a potential criminal investigation by the Justice Department to a 20 for 1 stock split, Michael Pachter, the managing director of equity research at Wedbush Securities, joined Cheddar News to shake out what wild week means for the tech giant and what he thinks is behind possible government antipathy towards the company. "If you look at Amazon, Capitol Hill hates them," he said. "And maybe it's just because Bezos looks like Dr. Evil, but I think part of it is that a lot of constituents of these legislators just don't whine at Congress, 'leave my company alone,' the way they do with Disney or Microsoft."
The ongoing semiconductor chip shortage has been impacting everything from the purchase of cars to smartphones. Deputy Commerce Secretary Don Graves spoke with Cheddar about the Biden administration's efforts to combat the issue and if the current crisis in Ukraine will have any impact on the global supply chain problems for semiconductors. "We're working very closely with all of our partners and allies around the globe, just as we have on the export controls and sanctions that we've applied to Russia to deal with that needless aggression," he said. "We're also working with them on the challenges of raw materials for a range of industries, including the semiconductor industry. We believe that we are going to be able to meet the demand for the for the near term."
Deputy Commerce Secretary Don Graves spoke to Cheddar's Alex Vuocolo about the ongoing semiconductor shortages and the push from the Biden administration to cover the supply chain problem as well as look ahead to future-proofing it.
Card Issuing Platform Marqeta blowing past Wall Street expectations in its Q4 earnings report, with revenue jumping to $155 million, up significantly from the $86 million it reported last quarter. Vidya Peters, Chief Operating Officer, Marqeta, joined Cheddar's Opening Bell to discuss the company's strong growth as well as her tips for female leaders.
