According to one security analyst, the sensitive personal information of more than 500 million Facebook users was leaked from hacking forums, which are now millions of cryptocurrencies vulnerable to sim swapping (a method of stealing your phone number without your knowledge) and other identity-based attacks It poses a potential risk to traders and Hodler (John Ver). Cointelegraph reported this on the 4th (local time).
The breach was first discovered by Alon Gal, CTO of security firm Hudson Rock, who wrote about the breach on Twitter.
According to him, the leak is related to a security vulnerability first discovered in 2019. In January 2021, it became known that hackers could use this information to gain access to the user’s phone number, and the leak is now “phone number, Facebook ID, full name, location, past location, date of birth, email address, account creation date, It has been expanded to include “status, biography, etc.”
According to Gal, this information could enable hackers and fraudsters to deploy a variety of social manipulation attacks and other harmful strategies.
“These bad actors will certainly use this information for fraud, hacking, and marketing.”
Cryptocurrency users are particularly at risk from these attacks. Earlier this year, a victim of a sim swapping attack sued cell phone company T-Mobile for $450,000, and in 2018 Kaspersky Lab discovered that hackers could now steal 21,000 ETH worth $43 million in 12 months.
The data breach is also much larger than the Ledger (cryptocurrency hardware wallet company) breach that occurred late last year. Shortly after the information of more than 270,000 users was leaked online, users reported threats of extortion and considered lawsuits against hardware wallet companies.
(Leaked information includes phone number, Facebook ID, full name, location, past locations, birthdate, email address, relationship status, and bio.)
Credits to our source: kr.cointelegraph.com
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Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.