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Phishing: Association and foundation, Switzerland 2022

Via the Facebook Business Manager, a museum received a supposed message from the «Instagram Copyright Help Center» about a copyright infringement.

  • Incident · 04.2022 · Switzerland
  • Evidence: confirmed by an authority
  • Phishing
  • Account takeover

As of

On this page
  1. What happened
  2. Who would have paid?
  3. Lessons
  4. Sources
  5. Similar cases

What happened

The link led to a phishing form; the attackers took over the Instagram account and changed the login data and name. Via WhatsApp, they demanded a ransom for its return.

Affected
Company (anonymous)
Loss
no reliable figure
Business interruption
unknown
Ransom demanded / paid
yes / unknown
Data affected
Museum’s Instagram account taken over
Bankruptcy
no
Entry point
Phishing message via the Facebook Business Manager (alleged copyright infringement)

What would cyber insurance have paid?

That depends on the terms. Whether those affected were insured: unknown.

  • Reputational damage

    Loss of income because customers stay away after the incident

    Mostly no information 1 of 9 business products cover it fully, as an add-on or with limits.

  • Cyber extortion

    Help and negotiation; only some insurers pay the ransom, see note

    Mostly add-on 6 of 9 business products cover it fully, as an add-on or with limits.

  • Immediate help in an emergency

    Hotline, IT forensics, crisis PR and legal advice

    Mostly covered 7 of 9 business products cover it fully, as an add-on or with limits.

Overview based on public policy terms, as of 06.11.2026. Only your policy and its general terms and conditions (GTC) are binding. No confirmation of cover.

What we can learn

Social media accounts with many followers are a target for extortion and need two-factor protection.

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Sources

Similar cases