There are countless ways cybercriminals use social media to steal money from unsuspecting users, but there are a few tried-and-true strategies they love. You can avoid becoming a victim of these Instagram scams. They steal not just money but account access, too. Using a variety of strategies, fraudsters leverage the interactive power of Instagram to rip people off in a number of clever ways. This global success makes it a very attractive target for cybercriminals. Almost everyone, from famous supermodels to your kids, has an Instagram account. More than one billion people use Instagram each month, making it the fourth most popular social media channel in the world. Read on for tips to avoid these common tactics and the steps to take if you become a victim of an Instagram scam. Imposter brand accounts: Sell counterfeit goods (or never deliver the promised goods at all) under the guise of a popular brand.
ALL INSTAGRAM LOGIN ACTIVITY LICENSE
Nonexistent job offers: Seek personal information from you, like your home address, driver’s license info, and other data as part of the ‘hiring’ process.Giveaways: Entice you to try and win a prize, but then you’ll be asked to provide personal information or payment to claim your winnings.Selling followers and likes: Ask you to pay a nominal fee, but your financial data gets stolen when you send financial details.Bogus brand collaboration requests: Offer to pay you for promoting their products then steal your financial data when you provide them.Fake investment offers: Promise you a great return for just a small investment.Phishing emails: Contain suspicious links that take you to bogus websites where you are prompted to enter your Instagram login credentials or credit card information.Cybercriminals know this and have several tricks up their sleeves to infiltrate your account and steal your personal information. Instagram is one of the world’s most popular social media channels.
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