Mon. Feb 18th, 2019

Bitcoin Scam Compromising Google and Target Accounts

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Nov 17

 

A new Bitcoin Scam through Twitter that compromised several verified accounts from major companies like Google and Target came from a Third Party App. Twitter spokesperson has confirmed that the attack originated from a third party software provider and not from Twitter’s system, however the official refrained from naming the app.

The attackers used a third party marketing solution to promote a Bitcoin (BTC) giveaway from several verified accounts such as Google’s G Suite and major U.S. department store Target.  

On Wednesday, Nov. 14, hackers took over G Suite and Target accounts (800,000 and 1.92 million followers, respectively) and posted malicious cryptocurrency giveaway links. The message in G Suite’s account also falsely claimed that users could make payments in G Suite using cryptocurrencies.

Moreover, in early November several verified Twitter accounts, including those of film production firm Pathe U.K. and U.S. politician Frank Pallone Jr., were breached to pose as Elon Musk. Once hackers gained control of accounts, they changed the profile picture and name in order to pose as Elon Musk and offer scammy Bitcoin giveaways.

Bitcoin scammers have already posed as Elon Musk for several times, prompting the Tesla founder to seek help from Jackson Palmer, the creator of Dogecoin (DOGE), who claimed to have invented an anti-scam script.

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