InstagramTempted to try out the much talked about Instagram app? Well, be careful where you get it from – as malware authors are distributing malware disguised as the popular app.

It’s a rain cloud on a summer’s day for the Instagram photo-sharing smartphone app, which is otherwise having a glorious time right now.

First of all, Instagram released a first version for Android and managed to get five million downloads in less than a week.

Then the 13-employee firm managed to sell itself to Facebook for a cool $1 billion, making some of us wonder about privacy, and others think – “to heck with that, do I have a program that’s never earnt any money that I might be able to flog to Mark Zuckerberg?”.

Naturally, the Facebook acquisition news raised Instagram to even higher levels of public awareness and that’s where the bad guys stepped in.

Cybercriminals have created fake versions of the Instagram Android app, designed to earn money from unsuspecting users.MORE