Cyber Risks · Krebs on Security

GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Summary: Fraudsters redirected email and web traffic for several cryptocurrency trading platforms by social engineering a limited number of GoDaddy employees into making unauthorized domain changes, with the campaign appearing to begin around Nov. 13 with an attack on liquid.com. NiceHash found its domain registration records altered without authorization in the early morning of Nov. 18 CET, froze customer funds for roughly 24 hours, and its founder said the changes came from an Internet address at GoDaddy while GoDaddy was unreachable during a system outage.

What you should know: The attackers did not break GoDaddy's infrastructure; they convinced its employees to hand over control, and the same technique was used earlier this year against escrow.com and in the July Twitter bitcoin scam that netted more than $100,000 in a few hours.

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Topics
Fraud & Scams
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