Trend Micro report: Hackers target high-profile or social media influencers with phishing links and gain access to the accounts before the influencers even know whats happening. The attack starts with the Phishing Email that appears to be from Instagram asking the victim to verify the account to get the Verified badge on the I nstagram profile. As the user enters the credentials in the phishing page attackers get the credentials and by using the stolen credentials they. modify the information that requires to recover the stolen account.”]
Source: https://gbhackers.com/instagram-hack-hackers-influencers/