Con artists are homing in on users’ social network accounts via phishing messages disguised as verification requests or copyright infringement alerts.

Social networks such as Facebook, Instagram, Twitter, and TikTok boast huge user audiences and therefore increasingly lure online scammers. By obtaining credentials for numerous accounts, threat actors can mishandle the unauthorized access to perpetrate fraudulent initial coin offerings (ICOs) or controversial propaganda. In some cases, crooks simply sell these details on hacker forums.

Unsurprisingly, social network accounts have become a pricey asset in the cybercriminal circles and need to be safeguarded accordingly. Since early August 2020, security researchers have been observing a spike in phishing stratagems that zero in on social network users.

The two dominant forms of these scams are described below. Go over the information to identify these hoaxes if they happen to hit you.