News and Updates on Information Technology

NFT marketplace OpenSea is investigating a phishing attempt

Exploit: Phishing

OpenSea: NFT Trading Marketplace

cybersecurity news gauge indicating extreme risk

Risk to Business: 1.282=Extreme

Online NFT marketplace OpenSea has been embroiled in controversy after a cyberattack cost investors their NFT. There’s been a lot of back-and-forth on this one. A phishing attack perpetrated on the platform’s users is purportedly to blame for the incident that has so far left more than 30 of its users unable to access their NFTs, although some claims have been made on Twitter pointing to a flaw in the platform’s code. Reports say that the attacker has made somewhere between $1.7 – 2 million in Ethereum from selling some of the stolen NFTs. An estimated 254 tokens were stolen over three hours.

Individual Impact: No information about consumer/employee PII, PHI or financial data exposure was available at press time.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business Phishing is a danger to any business in any industry, and it can do massive damage as well as cost a fortune.

Source: Cnbc