$15 Million Cryptocurrency Hack via Google Authenticator Cloud Sync!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 18, 2023 13:27

Retool, a cybersecurity agency, has revealed that roughly $15 million in cryptocurrency was stolen from Fortress Belief, together with 26 different cryptocurrency accounts, attributable to a hack. The attacker was in a position to achieve management of the Google account, which gave them entry to the Google Authenticator cloud sync operate. This allowed the attacker to manage the information saved on Google Authenticator, leading to unauthorized entry to the varied cryptocurrency accounts. This highlights the vulnerability of cloud-based companies, demonstrating the significance of taking applicable safety measures to guard delicate knowledge.