SafeGuard Cyber’s Post

⚠️ 🌀 🌐 🎯 Impersonation remains a significant threat in the cybersecurity world. The recent incident involving the Ethereum co-founder Vitalik Buterin's X account, which led to a loss of 💸 $691,000 in digital assets within just 20 minutes, is a stark reminder of the ongoing risks. Maintaining vigilant and strong security measures is crucial in this ever-evolving threat landscape. #CybersecurityAwareness 🛡️ #ImpersonationThreats 🔑 #DigitalAssetProtection 💼

Recently the Security and Exchange Commission's (SEC) official X (formely twitter) account made a surprising announcement, approving Bitcoin Exchange Traded Funds (ETFs). Within an hour, the SEC refuted its claims, citing a hack on its Twitter account. The social media service revealed the account lacked multifactor authentication at the time of compromise.   What a way to start the year!   This incident highlights the importance of safeguarding accounts. Cybersecurity discussions often focus on software and hardware (services we provide), but it starts with us as individuals. Let's make 2024 the year of secure practices. Cybersecurity starts with you! [Read more: https://lnkd.in/ef26CXQP]   #cybersecurity #twitter #x #itsecurity #MFA #btcetf

Need a sizzle to sell cybersecurity? This is it! A compromised Twitter account made the markets move. Punchline: The account belonged to the SEC. How can you prevent this from happening to your organization? See below.

The SEC's X account was hacked! Many of you may have heard about the SEC's X (Twitter) account that was hacked a few days ago. It ended up causing the price of Bitcoin to fluctuate wildly in the range of $40 Billion. How did this happen? This is a large government agency in the age where social media posts have real world ramifications. How could they NOT secure their X account? I don't know how this oversight happened, but according to X they didn't have MFA enabled on their account. I was honestly blown away! There were a handful of other high profile X accounts that were compromised recently as well including Mandiant which is one of the largest cybersecurity companies in the world and they didn't state it clearly but it seems someone messed up and enabling MFA somehow got missed. People, companies, organizations, schools etc etc. do yourself and the people that rely on you to protect their data #JustEnableMFA Just enable it on any account that's worth anything to you, whether personal or business. Don't make the same silly mistakes that these people made. According to Microsoft (and others) enabling MFA can prevent 99.9% of account compromise attacks. If your not sure what MFA is or how to enable it speak to an IT professional. #mfa #security

The SEC's Twitter Account Compromise: Lessons and the Threat of SIM Swap Attacks: We're starting a new year of our Privacy Plus+ blog with a shocker, covering the cybersecurity incident that has rocked the U.S. Securities and Exchange Commission and the Bitcoin market. Let's examine what companies can learn about the incident, securing their social media accounts, and dealing with the threat of SIM swap attacks. Read more: https://lnkd.in/g-82NmCa #PrivacyPlus+ #socialmedia #sec #cybersecurity

🚨#SEC Twitter Breach Confirmed as SIM Swapping Attack 🕵️♂️On January 9, an unauthorized entity exploited the U.S. Securities and Exchange Commission's (SEC) official account on X (formerly #Twitter) and triggered a surge in #Bitcoin prices. Following a thorough investigation, it was determined that the attacker gained control through a #SIMswap attack. 👥SIM swapping attacks are a rising menace in the cyber landscape, exemplified by this high-profile incident. Learn more about the dangers of SIM swapping and its impact on organizations, and the details of the SEC incident in our latest blog post: 🔗https://lnkd.in/dCqUSJxd #Cybersecurity #SIMSwapping #DataBreach #InfoSec #DigitalSecurity #AccountBreach

The recent SEC Twitter hack sparks a vital conversation: Are we adequately prepared for the evolving cyber threat landscape? Regardless of size or industry, every organization needs robust #cybersecurity defenses. It's time to up our game, folks! #SECbreach #SecurityFirst https://lnkd.in/eBGPKBJ5

Don't give up your credentials, cryptocurrency, hardware info, passwords, or #GeoLocation easily. 🔒💻 Just a few months ago, Trustwave #SpiderLabs discovered a new #malware, dubbed Ov3r_Stealer, hidden in an unassuming Facebook job advertisement that loaded onto systems through #HTML Smuggling, SVG Smuggling, and LNK file masquerading. 👨💻 Get the details on the malware and uncover how you can prevent yourself from falling victim in this article by The US Sun https://hubs.ly/Q02llTF20

⚠️Catching #victims off guard, there is a new surge in the widespread occurrence of #phishing attacks! Here is the #2024 data: Phishing attacks pose a significant threat to the security of #crypto users. In the first two months of this year, 97,000 users were impacted, resulting in $104 million in #losses, with #Ethereum users facing the #highest impact. Malicious phishing signatures like "ERC20 Permit" and "IncreaseAllowance" are being used to grant attackers access to #funds without user consent. These attacks are particularly concerning as signing just one malicious signature can lead to the loss of all #assets stored in a #wallet. Social media, especially #Twitter, has increasingly become a platform for luring users to #phishingsites through deceptive comments from #impersonated accounts. This highlights how important it is for each individual to exercise caution and due diligence until more robust #scamdetection and #prevention measures are in place. #CryptoSecurity #PhishingAttacks #cryptocompliance

The recent SEC Twitter hack sparks a vital conversation: Are we adequately prepared for the evolving cyber threat landscape? Regardless of size or industry, every organization needs robust #cybersecurity defenses. It's time to up our game, folks! #SECbreach #SecurityFirst https://lnkd.in/eBCaR6tj