Hackers are reportedly selling executives’ email accounts.
According to recent reports, hacked corporate executives’ email accounts are being sold by hackers online. This was first reported by Gizmodo and ZDNet, they added that a hacker is currently selling access and logins to hundreds of Microsoft accounts, C-suite accounts, and many others. The hacker is also targeting big names in any industry such as Chief Executives, Presidents, Board of Directors,etc.
What happens to the hacked Corporate Executives’ Emails?
These accounts were being released on the Russian underground market forum where the transaction will be made. The value for each account ranges from $100- $1500, depends on the position of the said account.
Based on KELA, a cybersecurity firm, the hacker may have used the loophole from buying data that we infected with AzorUlt trojan, which is a data-stealing virus. During this havoc, there were two confirmed hacked accounts and not yet certain, though, as to whose account are those.
That same tipster is also notifying companies whose information is known to have leaked. Once these accounts will fall into the wrong hands, this will lead to any extortion or blackmail campaigns. These could also be used to access private or even corporate bank accounts by using the email- based authentication method.
This is one of the most alarming types of hacking ever as a recent wave of cybercriminals have been targeting smart homes with installed cameras on them. These cameras are then accessed by the hacker in order for them to spy on the homeowner, or worse, the homeowner’s family.
There have even been instances where the hacker tried to communicate with the kids of the owners of these specific smart homes, which has proven to be a grave security concern. This security breach has given the use of cameras indoors quite a terrible reputation. As of the moment, it is still considered a double-edged sword.