Facebook spamming alone has generated roughly $200 million, according to Nexgate’s State of Social Media Spam Report. The report found that 1 in 21 social media messages across major platforms including Facebook, YouTube, Google+, and Twitter contain what Nexgate classifies as “risky content” Spammy applications are the leading cause of distributing social media spam. The prevalence of spam could be a greater issue for brands that opt to invest in social media, given that social media advertising in 2013 is expected to hit $7 billion.”]
Source: https://www.csoonline.com/article/2133983/social-media-spam-on-the-rise–says-study.html