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A recent cyberattack on CoinsPaid resulted in a $37 million theft, with hackers using a fake job interview to gain access.On July 22, 2023, <a href="https://coinspaid.com/" rel="noopener noreferrer nofollow">CoinsPaid</a>, a major player in the crypto payment world, was hit by a cyberattack that left them $37.3 million lighter. The method? A fake job interview that fooled one of their programmers. It&#39;s a chilling reminder of how human vulnerability can be exploited in cybersecurity.Imagine being that programmer, contacted on LinkedIn with an exciting job offer, only to find out it was a trap. During a 40-minute video interview, he was asked to download a file for a technical test. Little did he know, that file was the key to the company&#39;s vault.The culprits are believed to be the <a href="https://coinpaper.com/1825/60-m-crypto-heist-hits-alphapo-lazarus-group-suspected" rel="noopener noreferrer nofollow">Lazarus Group</a>, a notorious hacker group with ties to North Korea. They&#39;re no strangers to the spotlight, having pulled off global hacking campaigns like the 2017 WannaCry attack.But this wasn&#39;t a one-off hit. The hackers had been stalking CoinsPaid for six months, trying everything from social engineering to brute force attacks. They even fabricated fake job offers with salaries up to $24,000 a month to lure in key personnel.Their persistence paid off on that fateful day in July. The stolen funds were quickly laundered, mostly through SwftSwap, with the hackers losing about 15% in fees and market swings.CoinsPaid didn&#39;t take this lying down. They teamed up with Match Systems to trace the money and dissect the attack. Their findings? A sobering look at the rise of social engineering and phishing, considered by 75% of cybersecurity specialists as the top threats this year.The incident has sparked a wider conversation in the blockchain community about the ever-evolving challenges of <a href="https://coinpaper.com/1851/security-incident-losses-exceed-400-million-in-june" rel="noopener noreferrer nofollow">hacking</a> and the urgent need for fresh security strategies. CoinsPaid is even planning to host a round-table event to dig deeper into these issues with industry leaders and experts.<a href="https://coinpaper.com/1905/hackers-used-fake-job-interview-to-steal-37-m-from-coins-paid?utm_source&#61;referral&amp;utm_medium&#61;publish0x&amp;utm_campaign&#61;coinspaid-hack" rel="noopener noreferrer nofollow">Read the full article on Coinpaper.</a>

Hackers Used Fake Job Interview to Steal $37M from CoinsPaid

Coinpaper.com

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