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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. And in May of this year, GoDaddy disclosed that 28,000 of its customers’ web hosting accounts were compromised following a security incident in Oct. 2019 that wasn’t discovered until April 2020. PST on Nov.

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Retool blames breach on Google Authenticator MFA cloud sync feature

Bleeping Computer

Software company Retool says the accounts of 27 cloud customers were compromised following a targeted and multi-stage social engineering attack. [.]

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The Rise of AI Social Engineering Scams

Identity IQ

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams have become an increasingly prevalent threat. In fact, last year, scams accounted for 80% of reported identity compromises to the Identity Theft Resource Center (ITRC).

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Store manager admits SIM swapping his customers

Malwarebytes

For that reason, SIM swapping can be used to get around two-factor authentication (2FA) codes sent by SMS message. Armed with an email and password—which are easily bought online— and the 2FA code, an attacker could take over the victim’s online accounts. Katz pleaded guilty before Chief U.S.

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When Low-Tech Hacks Cause High-Impact Breaches

Krebs on Security

GoDaddy described the incident at the time in general terms as a social engineering attack, but one of its customers affected by that March 2020 breach actually spoke to one of the hackers involved. But we do know the March 2020 attack was precipitated by a spear-phishing attack against a GoDaddy employee.

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Attackers Use Bots to Circumvent Some Two-Factor Authentication Systems

eSecurity Planet

Underground services are cropping up that are designed to enable bad actors to intercept one-time passwords (OTPs), which are widely used in two-factor authentication programs whose purpose is to better protect customers’ online accounts. By using the services, cybercriminals can gain access to victims’ accounts to steal money.

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Feds Break Up Major SIM-Hijacking Ring

Adam Levin

The hacking group, called “The Community” primarily used social engineering (trickery) and SIM card hijacking to steal funds and cryptocurrency from their victims. Once authenticated, the mobile phone number of the target victim is moved to the criminal’s phone.