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Exploitation of “GoDaddy” employees in attacks against websites that provide cryptocurrency services

Posted on November 9, 2022 by admin

Exploitation of “GoDaddy” employees in attacks against websites that provide cryptocurrency services

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Answer Exploitation of “GoDaddy” employees in attacks against websites that provide cryptocurrency services

“GoDaddy” is a global technology company specialized in providing web hosting, domain name reservation and registration services.

According to report A recent post says that some scammers have redirected email, user traffic, and visitors to several cryptocurrency exchanges over the past week.

The latest incident involved an attack on cryptocurrency exchange Liquid.com on November 13.

Liquid cryptocurrency exchange hack and platform CEO explains details

The CEO of the platform, Mike Kayamori, gave a report on the security incident and stated:

The website hosting provider “GoDaddy” that manages one of our primary domain names has improperly transferred control of the account and domain to a malicious party.

Read:PayPal enters negotiations to acquire a number of crypto companies … Details here

Then, on November 18, crypto miner NiceHash discovered that some of its GoDaddy domain registry settings had been changed without permission, briefly redirecting email and site traffic.

Although nothing was stolen, unauthorized changes were made from the Internet address in GoDaddy, as attackers are allegedly trying to perform password resets on several third-party services, including Slack and Github services. “.

The report indicated that the incident is considered the latest incursion targeting “GoDaddy”, which relied on deceiving employees to transfer ownership or control of the targeted domains to the scammers.

GoDaddy was also hit by similar security breaches earlier this year, including a scam that enabled attackers to gain control of more than six domain names in March and 28,000 web hosting accounts that were hacked last May.

Research by Farsight Security revealed that several other cryptocurrency platforms may also have been targeted by the same group, including Bibox.com, Celsius.network and Wirex.app.

GoDaddy has admitted the security breach, noting that a “small number” of customer domain names were modified after a limited number of GoDaddy employees committed a social engineering scam.

Commenting on the issue, a GoDaddy spokesperson said:

Read:Canadian company Evolve launches first multi-cryptocurrency ETF

Our security team has investigated and confirmed the activity of the threat actor.

Including revelations about social engineering to a limited number of GoDaddy employees.

Notably, it was refused to specify how exactly employees were tricked into making the unauthorized changes, although the matter is still under investigation.

Read also:

Fraudulent app similar to Uniswap causes user to lose cryptocurrency

The “Pickle Finance” project was hacked and $20 million stolen


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