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Summary of Scamspot: Fighting Financial Fraud in Instagram Comments, by Stefan Erben and Andreas Waldis


ScamSpot: Fighting Financial Fraud in Instagram Comments

by Stefan Erben, Andreas Waldis

First submitted to arxiv on: 14 Feb 2024

Categories

  • Main: Artificial Intelligence (cs.AI)
  • Secondary: None

     Abstract of paper      PDF of paper


GrooveSquid.com Paper Summaries

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Summary difficulty Written by Summary
High Paper authors High Difficulty Summary
Read the original abstract here
Medium GrooveSquid.com (original content) Medium Difficulty Summary
The proposed ScamSpot system aims to combat spam and fraudulent messages in Instagram comment sections, a persistent problem plaguing the financial sector. The current spam filter is ineffective, and existing research lacks practical implementations with evaluated results. ScamSpot consists of a browser extension, fine-tuned BERT model, and REST API, making it publicly accessible for Chrome users. A data annotation study is conducted to understand the causes of the issue, and the system is evaluated through user feedback and comparison with existing models.
Low GrooveSquid.com (original content) Low Difficulty Summary
Instagram’s comment sections are plagued by spam and fraudulent messages, causing financial losses and credibility issues. To combat this problem, researchers propose ScamSpot, a comprehensive system combining a browser extension, BERT model, and REST API. This open-source project makes it easy for users to access the results. The paper also includes a study on why this problem exists and how well ScamSpot works.

Keywords

* Artificial intelligence  * Bert