Bank's Twitter account hacked to send phishing messages

Posted by   Virus Bulletin on   Sep 20, 2011

Important lessons for companies engaging in social media.

Last week, the Twitter account of the Bank of Melbourne was hacked and used to send direct messages containing phishing links to its followers.

A recently relaunched subsidiary of Westpac, the Australian bank engages heavily with its customers through its @BankofMelb Twitter account. However, the security of the account proved not to be up to scratch when hackers managed to gain access and used the account to send direct messages containing phishing links.

The hacking of corporate Twitter accounts is nothing new, neither are phoney messages claiming to come from a bank. What makes this case rather unique - and worrying - is that the account itself is genuine, thus significantly adding to the credibility of the links.

It is unclear whether customers lost money as a result of the hack; given that direct messages can only be sent to followers of the account - of which the bank has a little over 800 - it is unlikely that there are many victims. The bank assured its customers (via Twitter) that no personal data had been stolen as part of the hack.

However, this case should act as a wake-up call for anyone using a corporate social media account: is it all very well to have strict security policies in place within an organization, but it is also important that these policies are extended to Twitter and other social media used for corporate purposes. If not, these will become the weak spots in the corporate security and the bad guys will undoubtedly find them.

More at ZDNet here.

Posted on 20 September 2011 by Virus Bulletin



Latest posts:

New paper: Collector-stealer: a Russian origin credential and information extractor

In a new paper, F5 researchers Aditya K Sood and Rohit Chaturvedi present a 360 analysis of Collector-stealer, a Russian-origin credential and information extractor.

VB2021 localhost videos available on YouTube

VB has made all VB2021 localhost presentations available on the VB YouTube channel, so you can now watch - and share - any part of the conference freely and without registration.

VB2021 localhost is over, but the content is still available to view!

VB2021 localhost - VB's second virtual conference - took place last week, but you can still watch all the presentations.

VB2021 localhost call for last-minute papers

The call for last-minute papers for VB2021 localhost is now open. Submit before 20 August to have your paper considered for one of the slots reserved for 'hot' research!

New article: Run your malicious VBA macros anywhere!

Kurt Natvig explains how he recompiled malicious VBA macro code to valid harmless Python 3.x code.

We have placed cookies on your device in order to improve the functionality of this site, as outlined in our cookies policy. However, you may delete and block all cookies from this site and your use of the site will be unaffected. By continuing to browse this site, you are agreeing to Virus Bulletin's use of data as outlined in our privacy policy.