I’m trying to catch up on Mastodon as well as working on TSB. While thinking about how I want to cover the main topic of TSB, I spotted this Tech Crunch article talking about hacks in to AT&T for the purposes of stealing crypto currency from Coinbase and one other exchange.
The article is titled Hackers are breaking into AT&T email accounts to steal cryptocurrency and the company said they exploited an API not any internal tools.
While each major company we’ve known in the telecom industry has been breached over time, nothing that I’ve read indicates that they could be lying here.
Apparently, this has been going on for at least a month, maybe more.
While this is the first article I’ve seen on this, I don’t want to say that its fixed cause that’s not what I can gather.
Whatever the API issue is, they need to get a handle on that first before saying they’ve resolved the underlying problem.
Hopefully we’ll learn more.
I love this reporting though! Thanks Brian for putting this on our radar.
BrianKrebs: Boosting Zack Whittaker (zackwhittaker): Incredible reporting by @lorenzofb:
Hackers said they had access to AT&T’s internal network, which allowed them to break into customers’ email accounts and steal their cryptocurrency.
Two victims confirmed they were hacked. One of them had $134,000 from his Coinbase account.
AT&T said it’s reset some customers’ passwords as a “precaution,” and “updated our security controls to prevent this activity.”
More: https://techcrunch.com/2023/04/26/hackers-are-breaking-into-att-email-accounts-to-steal-cryptocurrency/
Image 1: an illuminated AT&T sign on the side of a building/storefront in a city, surrounded by bushes and shrubs
The linked article is above but the boost is here for preservation.
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