Microsoft Outlook Hackers Stole Cryptocurrency Using Victims’ Emails

by | May 1, 2019 | Cryptocurrency, Cryptocurrency News

Microsoft Outlook | Hack | Email Scam | Cryptocurrency

The hackers behind Microsoft Outlook’s recent hack into Microsoft customer support employee’s accounts have reportedly used the service and information to steal cryptocurrency users’ funds.

As per the report posted by Motherboard on Tuesday, that in the recent week’s hackers managed to gain access to Microsoft customer support employee’s accounts, with which they were able to access non-corporate email accounts, including in Hotmail and MSN. Microsoft confirmed the breach to TechCrunch.

As per the Motherboard, “multiple victims” have reported having cryptocurrencies stolen, since the attack.“ Jevon Ritmeester, one of the victims, posted on the Tweakers forum that his Kraken cryptocurrency exchange account had been hacked and subsequently he has lost around 1 bitcoin (worth about $5,260 at press time).

Ritmeester further noted that he visiting Kraken and found his password no longer worked. Upon which he searched his emails in Outlook and figured that several notifications of the changed login were in the trash. In addition, he noticed that Outlook was instructed to automatically move any email mentioning Kraken to the trash and forward that message to a Gmail address, presumably owned by the hackers.

Ritmeester added that he did not have two-factor authentication (2FA) enabled on his Kraken account. Interestingly, the exchange announced that it was introducing compulsory 2FA process to enhance users’ security, just last month. Meanwhile, other users who have had lost crypto via the Microsoft breach, are reporting about the issue.

Read more: Facebook Veterans Launches An ETH-Based Digital Collectible App

Image Source – Stock Photo Secrets

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