A hacking group has been phishing the owners of popular Instagram accounts, extorting the victims, and then keeping them from recovering the stolen accounts, according to new research that underscores how attackers are exploiting the value of social-media brands. “We’ve seen cases where owners of Instagram profiles with followers between 15,000 and 70,000 were hacked and were never retrieved,” researchers from cybersecurity company Trend Micro wrote in a Thursday blog post. “The victims ranged from famous actors and singers to owners of startup businesses like photoshoot equipment rentals.” As with many a breach, the attack starts with a phishing email. Trend Micro researchers got a hold of the hackers’ phishing kit to explore further. The lure purports to be a message from Instagram asking users to get a “verified badge” and encourages them to submit login credentials. Once the hackers have access to the Instagram profile and the email associated […]
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