The Sandbox (SAND), a metaverse coin also popular in Turkey, has issued a warning of a security breach that resulted in a phishing email sent to users. The Metaverse project has reported that an unauthorized party has accessed an employee’s computer. Here are the details…
Metaverse coin SAND encountered phishing attack
The Sandbox, a blockchain-based metaverse company, has issued a warning about a security breach. The company announced in a blog post on Thursday that an unauthorized third party had accessed an employee’s computer and sent a fake email to the platform’s users. The fake email sent on February 26 was called “The Sandbox Game (PURELAND) Access” and contained links that, when clicked, could install malware on the user’s computer.
This malware gives third parties access to personal information by gaining control over the user’s computer. The company stated that the third party only has access to a single employee’s computer and cannot access any other services or accounts of The Sandbox. The company said the only data the attacker had access to was the email addresses of The Sandbox users. So far, no financial losses have been reported.
The Sandbox warned users to be wary of potential phishing attacks following the breach and told targeted users not to “open, play or download the linked website.” It was also recommended that users harden their passwords, implement two-factor authentication, and avoid clicking on suspicious links.
SAND price depreciates
The project took quick steps to resolve the issue, including sending emails to users who may have received the spoofed email, blocking the employee’s accounts, and accessing and resetting all two-factor authentication-related passwords. The employee’s laptop was also reformatted, and the company says it’s working to improve its security policies and practices. Meanwhile, the SAND price fell. The cryptocurrency lost 3 percent from $0.70 to $0.68.
This breach is the latest in a series of email phishing attempts aimed at stealing crypto assets or extracting crypto users’ information. Recently, domain registrar Namecheap’s email system was breached, resulting in a widespread fake phishing campaign telling users to upgrade their crypto wallets. There were also times when hackers could steal large sums of money with such phishing email campaigns. For example cryptocoin.com As we reported, in February 2022 an attacker stole nearly $2 million worth of NFTs by tricking OpenSea users into signing a transaction sent via an email link.
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