Attacker hijacks Elon Musk Twitter account to implement fake bitcoin fraud

Recently, some attackers hijacked the Twitter account of British clothing brand Farah and IT information company Capgemini Australia and then tried to change the account information to imitate Elon Musk to implement bitcoin fraud. The scam tweet claims:

It would appear that @Capgemini Australia’s official twitter handle has been hacked and is now being used (via promoted tweets) to represent as an @elonmusk-related BTC giveaway.

(Go to all this trouble and still misspell “support”? 419 scam self-selection) pic.twitter.com/fBDYCGqCy9

— James Lloyd (@jamesplloyd) November 12, 2018

Attackers often hijack an account with official certification and a large number of fans and then modify the profile to look like Elon Musk. Also, to broadcast fraudulent tweets to more users, the attackers will also try to buy headlines for social platforms.

Capgemini spokesperson Violet Yeo said in a statement, “We are aware that a number of Twitter accounts at various organizations have been impacted by this scam and the Capgemini Australia account was among them. It’s in the process of being restored and no Capgemini client operations have been adversely impacted.”

In previous social network scams, some Twitter users who had been hijacked by @PantheonBooks swindled $180,000 worth of bitcoin. A Twitter spokesperson said in a statement, “Scammers are constantly changing their methods, and it’s our job to stay on top of their movements, observe their actions and work to stay one step ahead. In most cases, our enforcement teams are detecting this activity and taking these down before they’re reported.”

Finally, to improve the security of your account, Twitter recommends that users enable two-factor authentication.

Source: CNet