Crypto Theft from Fortress Trust Traced Back to Phishing Attack on Cloud Vendor
Fortress Trust, a cryptocurrency company, recently reported a major incident involving the theft of a large sum of digital assets. According to the company, the theft was traced back to a phishing attack on one of their cloud vendors.
The attack was conducted through a phishing email, which tricked employees of the cloud vendor into giving up their credentials. Hackers then used these credentials to gain access to the Fortress Trust systems, where they were able to transfer digital assets out.
In response to the attack, Fortress Trust has taken numerous steps to increase security, such as implementing multifactor authentication and conducting regular cyber security audits to detect weaknesses. The company has also engaged a cyber security firm to help investigate the incident and take additional measures to protect their customers’ data.
The attack is a reminder that companies must remain vigilant when it comes to the security of their digital assets. Companies must also be aware of the potential risks posed by third parties, such as cloud vendors, and ensure they have appropriate measures in place to mitigate them.