A new massive hack affected thousands of people! The hackers used emulators to copy their victims' devices and steal millions of dollars from their online bank accounts.
Read also: Microsoft, SolarWinds Hacking: Attackers Remove Evidences of the Biggest Hack of the Decade
Since it is a massive breach, the attackers were able to bypass multi-factor authentication by accessing SMS messages.
"This mobile fraud operation managed to automate the process of accessing accounts, initiating a transaction, receiving and stealing a second factor (SMS in this case), and in many cases using those codes to complete illicit transactions," said Limor Kessem and Shachar Gritzman, one of the IBM Trusteer researchers, via The Wired's latest report.
Another massive attack breached Microsoft
According to CNET's previous report, Microsoft found out that 40 of its customers were targeted in another massive attack linked to Russia. The giant software provider confirmed that 80% of its compromised customers were in the United States.
It added that the remaining victims reside in Mexico, Canada, Belgium, the United Kingdom, the United Arab Emirates, Israel, and Spain. This just shows that the attack is also a wide one.
Brad Smith, Microsoft's chief counsel, explained that it is expected that the location and number of victims will still expand. He added that the list of targets includes security firms, government agencies, and other technology companies.
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Related Article: SolarWinds-Linked Hackers Attack the US Department of Energy and the National Nuclear Security Administration
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Written by: Giuliano de Leon.
