page contents Cybercriminals attack GoDaddy-based cryptocurrency platforms – The News Headline

Cybercriminals attack GoDaddy-based cryptocurrency platforms

The day prior to this, safety researcher KrebsOnSecurity reported that a number of cryptocurrency platforms hosted by means of widespread internet hosting supplier Godaddy had been attacked over the last week.

Consistent with KrebsOnSecurity, the assaults started on or round November 13th on cryptocurrency buying and selling platform liquid.com.

Liquid CEO Mike Kayamori stated GoDaddy incorrectly transferred keep an eye on of the account and area to a malicious actor.

Kayamori added that the transfer allowed a malicious actor to modify DNS information and thus, take keep an eye on of a lot of interior e-mail accounts. Moreover, a malicious actor was once ready to partly penetrate the liquid.com infrastructure and achieve get entry to to report garage.

The second one sufferer was once cryptocurrency mining provider NiceHash, which on November 18 came upon that one of the crucial settings for its area registration information at GoDaddy have been modified with out authorization, in brief redirecting e-mail and internet site visitors for the website.

NiceHash in an instant iced up all consumers’ budget for 24 hours to stop the attackers from moving budget in addition to to make sure that they’d restored their unique area settings. The corporate instructed its shoppers to modify their passwords and turn on 2FA safety.

Social engineering, the place an attacker impersonates customers to defraud directors, has confirmed to be a well-liked instrument for criminals taking a look to pilfer crypto riches. As Cointelegraph has prior to now reported, a Twitter hack the place attackers won keep an eye on of most sensible person handles comparable to Barack Obama and solicited Bitcoin, was once additionally accomplished with social engineering. 

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