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Falanx Group Ltd

Phishing Scam Targets Instagram Users by Offering Verified Badges

Trend Micro detailed the scheme in a Thursday report, which traced the malicious activities to a group of Turkish-speaking hackers. The scam involved a emails that appear to be from Instagram about offering a “certified badge” with their account. However, to receive the badge, the user must fill out a form, which asks for the email address, username, or phone number they registered with their Instagram account as well as the password.

Falanx Group Ltd (LON:FLX), through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide. It operates through Falanx Cyber Defence and Falanx Intelligence divisions.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.