Access to the accounts is being sold for up to $40,000.
Hackers are hijacking the Instagram accounts of companies and influencers with huge followings in a
new phishing campaign identified by Secureworks.
The cybersecurity company said it discovered the effort in October, finding hackers taking over prominent accounts and demanding a ransom.
The people behind the attack start by sending a message pretending to be Instagram, notifying Instagram users of a purported instance of copyright infringement. There is a link in the message that takes victims to a website controlled by the hackers. From there, the user is asked to enter their Instagram login information, giving the attackers full access to their accounts.