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Non-Fungible Tokens | Breaking Cybersecurity News | The Hacker News

FBI Alert: Crypto Scammers are Masquerading as NFT Developers

FBI Alert: Crypto Scammers are Masquerading as NFT Developers

Aug 07, 2023 Cyber Crime / Cryptocurrency
The U.S. Federal Bureau of Investigation (FBI) is warning about cyber crooks masquerading as legitimate non-fungible token (NFT) developers to steal cryptocurrency and other digital assets from unsuspecting users. In these fraudulent schemes, criminals either obtain direct access to NFT developer social media accounts or create look-alike accounts to promote "exclusive" new NFT releases, often employing misleading advertising campaigns that create a sense of urgency to pull them off. "Links provided in these announcements are phishing links directing victims to a spoofed website that appears to be a legitimate extension of a particular NFT project," the FBI  said  in an advisory last week. The replica websites urge potential targets to connect their cryptocurrency wallets and purchase the NFT, only for the threat actors to siphon the funds and NFTs to wallets under their control. "Contents stolen from victims' wallets are often processed through a ser
Hackers Stole $1.7 Million Worth of NFTs from Users of OpenSea Marketplace

Hackers Stole $1.7 Million Worth of NFTs from Users of OpenSea Marketplace

Feb 22, 2022
Malicious actors took advantage of a smart contract upgrade process in the OpenSea NFT marketplace to carry out a  phishing attack  against 17 of its users that resulted in the theft of virtual assets worth about $1.7 million. NFTs , short for non-fungible tokens, are digital tokens that act like certificates of authenticity for, and in some cases represent ownership of, assets that range from expensive illustrations to collectibles and physical goods. The opportunistic social engineering scam  swindled the users  by using the same email from OpenSea notifying users about the upgrade, with the copycat email redirecting the victims to a lookalike webpage, prompting them to sign a seemingly legitimate transaction, only to steal all the NFTs in one go. "By signing the transaction, an atomicMatch_ request would be sent to the attacker contract," Check Point researchers  explained . "From there, the atomicMatch_ would be forwarded to the OpenSea contract," leading t
cyber security

Cracking the Code to Vulnerability Management

websitewiz.ioVulnerability Management / Cloud Security
Vulnerability management in the cloud is no longer just about patches and fixes. In this latest report, the Wiz Security Research team put vulnerability management theory into practice using recently identified vulnerabilities as examples. Get the FREE report
Transform Your Data Security Posture – Learn from SoFi's DSPM Success

Transform Your Data Security Posture – Learn from SoFi's DSPM Success

Nov 28, 2023Data Security / Posture Management
As cloud technology evolves, so does the challenge of securing sensitive data. In a world where data duplication and sprawl are common, organizations face increased risks of non-compliance and unauthorized data breaches. Sentra's DSPM (Data Security Posture Management) emerges as a comprehensive solution, offering continuous discovery and accurate classification of sensitive data in the cloud. This informative webinar, " Securing Sensitive Data Starts with Discovery and Classification: SoFi's DSPM Story " unveils the success story of SoFi, a pioneering cloud-native financial services provider, and its journey with Sentra's DSPM. It explores the challenges and triumphs in securing cloud data and a roadmap to implementing effective DSPM strategies in your organization. Expert Panel: Aviv Zisso:  As Director of Customer Success at Sentra, Aviv brings deep insights into data security needs and solutions. Pritam H Mungse:  SoFi's Director of Product Security, Pr
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