New Instagram scam? People hacking accounts to advertise crypto and money flips

People are hacking Instagram accounts. First they hack it, turn off their comments, and then advertising crypto and money flips on their page. This happened to 5 people I know now. How is this happening ?

The content was posted by SnooDoughnuts3368 on 2021-11-12 03:55:31 via reddit

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One Comment

  1. amyaurora says:

    Scammers get access to the social media accounts in a few different ways. The most common methods are:

    1) Phish link was sent to someone and they logged in through it, exposing password

    2) Company data breach exposed the password.

    3) Credential stuffing bot trying passwords from data breachs from other sites. Many people make a mistake reusing passwords.

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