Compromised Instagram Account and Impersonated Web Site Were About to Cause Credential Theft

A bank based in the Gulf region was affected by an Instagram hack. An influential Instagram account dedicated to sharing daily financial news, stock market insights, and investment journals fell victim to cyber intrusions by a malicious actor. The attackers manipulated the account to disseminate fraudulent advertisements designed to deceive users by impersonating the bank’s website with a fake domain. The fraudulent ads featured images of the organization’s high-level executives, directing users to a fake landing page with the intent of obtaining their credentials.

Type: Customer Stories

Year: 2023

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