British Army Regains Control Of Their Hacked Social Media Accounts Promoting Crypto Scams

    The British Army has been the most recent sufferer of rampant crypto scams happening available in the market. On Sunday, July 3, hackers took over management of the British Army’s Twitter and YouTube accounts and posted crypto movies by them.

    After a quick interval following the hack, the British Army regained management with a recent message on Twitter that reads:

    Apologies for the short-term interruption to our feed. We will conduct a full investigation and be taught from this incident. Thanks for following us and regular service will now resume.

    Another tweet from the British Ministry of Defence said: “The breach of the Army’s Twitter and YouTube accounts that occurred earlier today has been resolved and an investigation is underway. The Army takes information security extremely seriously and until their investigation is complete it would be inappropriate to comment further”.

    The hackers renamed the Twitter account of the British Army to Bapesclan. Then they made a number of posts regarding non-fungible tokens (NFTs). Besides, in addition they modified the profile image to an ape-like cartoon with clownish make-up.

    Courtesy: Sky News

    Renaming YouTube Account to Ark Invest

    In an analogous trend, the hackers took over management of the YouTube account, renaming it ‘Ark Invest’ and posting crypto movies. Ark Invest is an America-based funding administration agency run by Cathie Wood common for her crypto bets. The mixed following for each Twitter and YouTube accounts at the moment stands at near half 1,000,000 folks.

    The Chair of the House of Commons MP Tobias Ellwood stated: “This looks serious. I hope the results of the investigation and actions taken will be shared appropriately.”

    Crypto scams have been rampant, particularly during the last yr’s bull run. This yr, we have now seen hackers exploiting a number of DeFi bridges and stealing a whole bunch of tens of millions of {dollars} of traders’ funds. The latest one being the $100 million hack of Harmony’s Horizon bridge.

    Bhushan is a FinTech fanatic and holds a great aptitude in understanding monetary markets. His curiosity in economics and finance draw his consideration in the direction of the brand new rising Blockchain Technology and Cryptocurrency markets. He is repeatedly in a studying course of and retains himself motivated by sharing his acquired information. In free time he reads thriller fictions novels and generally discover his culinary abilities.

    The offered content material might embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability to your private monetary loss.

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