Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 18, 2023 13:27

Retool, a cybersecurity firm, has revealed that approximately $15 million in cryptocurrency was stolen from Fortress Trust, along with 26 other cryptocurrency accounts, due to a hack. The attacker was able to gain control of the Google account, which gave them access to the Google Authenticator cloud sync function. This allowed the attacker to control the data stored on Google Authenticator, resulting in unauthorized access to the various cryptocurrency accounts. This highlights the vulnerability of cloud-based services, demonstrating the importance of taking appropriate security measures to protect sensitive data.