Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Microsoft researchers: OAuth app used to automate phishing attacks and mine cryptocurrency

Microsoft researchers: OAuth app used to automate phishing attacks and mine cryptocurrency

CointimeCointime2023/12/16 07:56
By:Cointime

Microsoft researchers have discovered a series of cyber attacks where OAuth applications are used to automatically conduct phishing attacks, disrupt company emails, and secretly mine cryptocurrency. The hackers' targets are accounts that lack strong authentication mechanisms. They create new OAuth applications with high permissions through hijacked accounts, allowing malware to access systems without the user's knowledge.

In one case, an attacker with the username Storm-1283 used OAuth to deploy virtual machines for cryptocurrency mining. Depending on the duration of the attack, losses ranged from $10,000 to $1.5 million.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin ETFs See $83M Inflow, Ethereum Faces Outflows

Bitcoin spot ETFs gained $83M in inflows for 6 days straight, while Ethereum ETFs saw 13 days of outflows.Ethereum ETFs See Continued OutflowsShifting Investor Sentiment Between BTC and ETH

Coinomedia2025/03/22 16:55
Bitcoin ETFs See $83M Inflow, Ethereum Faces Outflows

South Korea’s Crypto Investors Surge Past 9.6M in 2024

South Korea's crypto investors hit 9.66 million in 2024, with 50+ age group dominating high-value holdings.Wealthy Individuals Lead the Crypto BoomFuture Outlook for South Korea’s Crypto Market

Coinomedia2025/03/22 16:55
South Korea’s Crypto Investors Surge Past 9.6M in 2024

Bernstein Slashes 2025 Outlook for BTC Miners

Bernstein cuts 2025 price targets for Bitcoin miners IREN, CleanSpark, and Riot, citing weak performance and AI-driven investor shift.AI and High-Performance Computing Steal the SpotlightOutlook for Bitcoin Miners in 2025

Coinomedia2025/03/22 16:55
Bernstein Slashes 2025 Outlook for BTC Miners