Posted by & filed under business models, Ecommerce, fraud, hackers, industry analysis, Social Media, Twitter.

Description: The market for buying and selling fake Twitter accounts is still on the rise, and here we find out why and how it’s done.

Source: Globe&Mail

Date: August 23, 2013

Twitterfollowers

Technology editor Shane Dingman explains the Twitter underground economy to Hannah Sung, who was recently hacked. How does being hacked relate to the practice of buying Twitter followers and why is this grey market worth millions? Watch Video

Questions for discussion:

1. Has your Twitter account been hacked before and/or have you noticed you are following many accounts that you don’t recognize?

2. Would you buy fake followers to increase your ‘klout’ and perceived popularity?

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