Hackers Hijack Microsoft X Account With 13M Followers for Crypto Scam

Cybersecurity19 days ago

Malicious actors compromised a verified channel to lure users into a fraudulent financial scheme. The attackers took over the official X account of Microsoft, swapping its profile picture for the Clippy assistant and following a fake account to expose more than 13 million followers to a cryptocurrency pump-and-dump scam.

Microsoft’s response included a post threatening legal action and apologizing for the security breach, but the company subsequently deleted that message. The hijack occurred on Oct. 2 and involved the account reposting the impersonator's content to lend credibility to the scam.

Mapped to your portfolio

Possible scenarios

55%Rapid Containment-0.0%
25%X Security Scrutiny-0.1%
15%Broader Compromise Suspected-0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Hackers Hijack Microsoft X Account With 13M Followers for Crypto Scam

In this story

Microsoft X Corp.

$MSFTMicrosoft Corp.

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

55%Rapid Containment-0.0%
25%X Security Scrutiny-0.1%
15%Broader Compromise Suspected-0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.