Netgear and Hyundai MEA Twitter Accounts Hijacked in Cryptocurrency Scam Targeting Followers
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The official Twitter accounts of Netgear and Hyundai MEA (Middle East & Africa), with a combined following of over 160,000 users, have fallen victim to a hijacking scheme aimed at promoting cryptocurrency scams and distributing wallet-draining malware.
While Hyundai has managed to regain control of its account and remove all links leading to malicious websites, Netgear is still struggling to reclaim its account, with some of the attacker’s tweets and replies remaining accessible.
The attackers rebranded the Hyundai MEA account to impersonate Overworld, a “cross-platform multiplayer RPG” backed by Binance Labs, the venture capital and incubator arm of the Binance cryptocurrency exchange. Overworld, frequently targeted in similar scams, has issued warnings to its Twitter followers, urging them to exercise caution and avoid clicking on links from any account other than the official @OverworldPlay handle.
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Netgear’s account has been under the control of the attackers since at least January 6th, primarily used to respond to BRCapp tweets, enticing followers to visit a malicious website promising $100,000 to the first 1,000 newly registered users. However, individuals who connected their wallets to the site fell victim to having their assets and NFTs stolen by the threat actors.
Representatives from Netgear and Hyundai were not immediately available for comment when contacted by BleepingComputer.
Netgear and Hyundai MEA hijacked (BleepingComputer/SecuriTears)Trending: Offensive Security Tool: SessionProbe
Twitter Account Hijackings on the Rise
This recent wave of Twitter account hijackings underscores a growing trend of hackers targeting verified government and business accounts with ‘gold’ and ‘grey’ checkmarks to lend credibility to their malicious tweets promoting cryptocurrency scams, phishing sites, and crypto-draining malware.
The hijacking of official Twitter accounts, including those of web3 security firm CertiK and Google subsidiary Mandiant, despite having two-factor authentication (2FA) enabled, highlights the audacity and sophistication of these cybercriminals.
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Source: bleepingcomputer.com
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