Trezor hardware wallet maker, SatoshiLabs has explained that a recent breach of their X account was caused by a phishing assault rather than a SIM switch. They stressed that all user funding and wallets are safe.
These attacks took place over a few weeks whereby the hackers created a fake crypto entity, interacted with the community, and got in touch with Trezor to speak with the CEO.Once a team member clicked on a malicious link that seemed as a Calendly invite, the X account was hijacked.
These misdeeds were later on detected by one crypto security firm,Scam Snifer that immediately warned traders to stay keen.
Trezor assures that despite the breach bypassing 2FA, the security of their hardware wallets and other products remains intact. They deleted the fraudulent posts and are investigating the attackers.
Also read: Floki Reveals New Roadmap Starting with Digital Banking Account
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Read on The Crypto Times Investment Disclaimer