Two-factor authentication (2FA) has been a boon for users who want a simple method of strengthening the security of their online accounts. However, it’s not a foolproof method of keeping attackers away. In fact, 2FA — or at least its notifications — is being abused by cybercriminals to scam users of Instagram in hopes of obtaining the very thing the social media account owners want to protect: their user login credentials.
According to a blog post by Sophos, the sneaky phishing attack starts with an email notifying the potential victim that their Instagram account has experienced an unauthorized login. Included in the email is a six-digit code and an embedded link, purportedly leading to an Instagram confirmation page. The message mentions that the user will need to confirm their identity by visiting the link.
Once the link is clicked, the user is redirected to a convincing-looking fake Instagram login page. While the attackers do a good job of replicating the legitimate page, the most obvious sign that it is in fact a phishing website is the URL, which uses .cf, the internet country code top-level domain for the Central African Republic. Another telltale indicator that the page is fake is the lack of a Facebook login button. However, people who don’t use Facebook to log in to their Instagram accounts may not be familiar with the button.
An interesting aspect of the phishing website is that it uses a valid HTTPS certificate, which matches up well with the findings that phishing websites using the HTTPS protocol have been on the rise.
The hackers can do a variety of things with the stolen credentials. They can, for example, used the credentials to access other services that use social media accounts for logging in. Threat actors can also use compromised accounts to gather intelligence on their victims, which can include personal information. They can also perform digital extortion on the owners of the accounts, which can even extend to social media users with plenty of followers.
Defending against phishing attacks
Although 2FA remains a valid and highly useful tool, users should not be complacent and rely on it alone, especially when fake 2FA notifications can be used for malicious purposes. As always, users should combine their existing security tools with best practices that can help against phishing, such as:
Trend Micro solutions powered by machine learning
To bolster their security capabilities and further protect their end users, organizations can consider security products such as the Trend Micro™ Cloud App Security™ solution, which uses machine learning (ML) to help detect and block phishing attempts. If a suspected phishing email is received by an employee, it will go through sender, content, and URL reputation analysis, which is followed by an inspection of the remaining URLs using computer vision and AI to check if website components are being spoofed. The solution can also detect suspicious content in the message body and attachments, and provide sandbox malware analysis and document exploit detection.
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