Cybercriminals attack GoDaddy-based Digital Currency Platforms
November 23, 2020 2:31 pm
According to the reports, KrebsOnSecurity announced that various crypto platforms hosted through GoDaddy have been hacked over the past week by hackers. The attacks began on or around November 13th on cryptocurrency trading platform liquid.com
Mike Kayamori, CEO of Liquid said that GoDaddy incorrectly transferred control of the account and domain to a malicious account. The CEO also added that the hacker changed DNS records and thus, took control over numbers of internal email accounts. The hacker also partially penetrated the liquid.com infrastructure and gained access to document storage.
The second victim was crypto mining company NiceHash, on November 18, discovered some of the settings for its domain registration records at GoDaddy were changed without authorization, abruptly redirecting email and web traffic for the site.
NiceHash straightaway froze all customers’ funds for 24 hours to prevent the attackers from transferring funds as well as to verify that they had restored their original domain settings. They also advised their clients to change their passwords and activate 2FA security immediately.