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Hackers are stopping at nothing to steal customers’ information. And one way they are getting this is through wireless carriers.
According to a recent report from TechCrunch, hackers were able to break into AT&T-provided email addresses. And through this, they are able to steal cryptocurrency. The compromised email addresses are with att.net, sbcglobal.net, and bellsouth.net.
As discovered by the report, hackers were able to log into these accounts through Outlook or Thunderbird clients using mail keys. It’s unclear how hackers were able to generate mail keys without the account owner’s knowledge. But through these, hackers were able to make password resets for Coinbase and Gemini.
Jim Kimberly, a spokesperson for AT&T, has confirmed that they “identified the unauthorized creation of secure mail keys, which can be used in some cases to access an email account without needing a password.”
The spokesperson also refuted claims that the mail keys were accessed by hackers via an internal AT&T system. “There was no intrusion into any system for this exploit. The bad actors used an API access.”
Kimberly said that they have made necessary updates to their security controls to “prevent this activity.” They have also “proactively required a password reset on some email accounts” as a precaution.
The report does not reveal the number of people who have been impacted by this hack. But there is one user who claims he lost $134,000 from his Coinbase account. There is also no word of when the attack started, but one victim shared he experienced the issue since November 2022.
If you are using such email addresses for your cryptocurrency account, it may be best to check your account’s security and do a password reset, if needed.
Source: TechCrunch
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