Massive Cyber Attack on Netgear and Hyundai MEA: A Scheme to Steal Crypto Wallets
Unknown cybercriminals hacked the official Netgear and Hyundai MEA accounts on X, which boast over 160,000 followers. The objective of the attack was to disseminate fraudulent schemes aimed at infecting victims with malware designed to steal cryptocurrency wallets.
Hyundai has successfully regained control of its account and purged its feed of all links leading to malicious sites. However, Netgear has yet to regain access to its account, and some of the malefactors’ tweets are still accessible on X.
The attackers renamed the Hyundai MEA (Middle East & Africa) account to impersonate the account of the NFT game Overworld – a cross-platform multiplayer RPG supported by Binance Labs, the venture fund, and incubator of the cryptocurrency exchange Binance.
Overworld, often targeted by similar fraudulent schemes, consistently warns its followers on X to be vigilant and avoid interactions with scammers impersonating the Overworld account.
The Netgear account has been compromised since at least January 6th and was used exclusively to promote the malicious BRC App site, luring subscribers with promises of $100,000 to the first 1,000 registered users. However, anyone who connected their wallet to the site risked losing their assets and NFTs due to the malefactors’ actions.
Representatives of Netgear and Hyundai have not provided comments on the situation.
Recently, the account of the American cybersecurity company Mandiant (a subsidiary of Google) was hacked for conducting cryptocurrency fraud. The malefactor renamed the account and disseminated false information about a free cryptocurrency giveaway on behalf of the Phantom crypto wallet.
