Crypto con hits a high office: the minister’s account x hacked


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The British Minister’s X account Lucy Powell was hacked Tuesday morning in a cryptocurrency scam For a “House of Commons” digital currency, several sources of information revealed on Wednesday.

The pirates create a false government cryptocurrency

The cyber attacks have published a number of messages on the authenticated Powell account indicating “$ Hcc” was “a digital currency fueled by people putting the power of people in the blockchain”.

Powell, the head of the House of Commons and the representative of Manchester Central, has nearly 70,000 subscribers on the platform.

Some messages have added the official logo of the House of Commons to give the scam the air of legitimacy. The Powell office said they “had carried out measures quickly to lock the account and delete misleading positions” after learning about the violation.

Hackers employ the latest tactics to break into unsuspecting individuals' social media accounts. Image: Bill Hinton/Getty Images

Recent letters in series of high account control sockets

This attack follows a model of similar hacks targeting public figures with large enumerations of followers. BBC journalist Nick Robinson was the victim of a similar program earlier this year when the pirates used his account to promote a false cryptocurrency called “$ Today”.

Robinson reported by clicking on what he thought was a legitimate email of the social media platform, which gave hackers to access his account.

The “pump and emptying” scheme gives limited yields

Luke Nolan, a main research partner at Digital Asset Manager Coinshares, recognized hacking Like a traditional “pump and discharge” scheme.

In this widespread scam, the authors create valuable cryptocurrencies, artificially inject their price, persuade others to invest, then sell their for-lucrative actions before price reductions.

Even if the scam has targeted the account of a high -level government official, the scam was relatively unsuccessful. THE coin Attracted only 34 transactions, the crooks making around £ 225 in profits.

The market capitalization of total cryptography currently at 2.6 billions of dollars. Chart: Tradingview

Growing trend in the hacking of accounts

Action Fraud also reports that there has been a high impact of social media and mail account hacking in 2024 to date, to 35,343. Safety experts say that they suspect that most attacks start with emails that have a link to false websites that manage passwords or gain unauthorized system access.

Passwords are also accessible via data violations where user information is hacked and online for sale. You need crooks for a few hours to create and deploy counterfeit cryptocurrencies, then they move quickly once they have access to an account.

The manager of the British Parliament said that they “take cybersecurity extremely seriously” and give members of advice on how to manage online security, but have refused to disclose specific information on their cybersecurity practices.

Action fraud advises people to protect their accounts by recording a two -step verification and adopting different passwords and different from three words chosen at random.

Powell has been a leader of the House of Commons since coming to power in summer. His work consists in planning the government’s legislative program and protecting the rights of rear-ban deputies.

Business Insider, tradingview

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