January 8, 2024 at 04:07PM
Netgear and Hyundai MEA Twitter accounts, with over 160,000 followers, were hijacked to promote cryptocurrency scams, involving malware aimed at draining victims’ cryptocurrency wallets. Hyundai recovered its account, while Netgear is still compromised. Verified government and business accounts are increasingly targeted for similar scams, with cryptocurrency ads and phishing sites posing significant threats.
From the meeting notes:
– Netgear and Hyundai MEA Twitter accounts were hijacked to push scams targeting over 160,000 followers.
– Hyundai regained access to their account and cleaned up the timeline, while Netgear has not yet regained control of theirs.
– The attackers impersonated Hyundai MEA as the “Overworld” gaming account.
– Overworld frequently warns its followers to beware of impersonation.
– Netgear’s hijacked account was used to lure followers to a website promising $100,000 and stealing assets and NFTs.
– Spokespersons for Netgear and Hyundai were not immediately available for comment.
– Verified government and business accounts are increasingly targeted by hackers to amplify cryptocurrency scams and phishing sites.
– Examples include hijacked accounts of web3 security firm CertiK, Google subsidiary Mandiant, and Bloomberg Crypto, all used to promote malicious activities.
– Scammers are using cryptocurrency ads on X to lure users into various scams and crypto drainers, particularly targeting those in the crypto space.
Please let me know if there is anything specific you would like me to focus on or if there are particular actions you would like to be taken based on these takeaways.