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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. 13, with an attack on cryptocurrency trading platform liquid.com. “Our security team investigated and confirmed threat actor activity, including social engineering of a limited number of GoDaddy employees.

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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. Social engineering scams leverage psychological manipulation to deceive individuals and exploit the victims’ trust.

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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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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. SIM swapping can be done in a number of ways, but perhaps the most common involves a social engineering attack on the victim’s carrier. He was paid in Bitcoin, which was traced back to Katz’s cryptocurrency account.

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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. Phishing, Social Engineering are Still Problems.

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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.