The Canadian Anti-Fraud Centre is receiving reports of fraudsters using compromised social media accounts to ask for a favour. Fraudsters will claim that they are trying to setup a new cellphone and they require a code or ask to click on a link in order to finish the setup process. If the victim provides the code or clicks on the link, their social media and potentially their device gets compromised.
Once the victim’s social media account or device is compromised, messages are sent to their contacts asking for the same favor. Based on reports received, clicking on the malicious link can also lead to bank account takeovers or other forms of identity fraud.