KuCoin Exchange

KuCoin Exchange

A hack was recently discovered on the KuCoin cryptocurrency exchange's official Twitter account.

A fraudulent promotion that caused users to lose money was promoted through the profile during this time. The cryptocurrency platform is currently promising to reimburse the users who were impacted by this.

Source: https://de.cointelegraph.com/news/kucoin-to-reimburse-victims-of-the-short-lived-twitter-account-hack

TPRM report: https://scoringcyber.rankiteo.com/company/kucoin

"id": "kuc02441223",
"linkid": "kucoin",
"type": "Breach",
"date": "04/2023",
"severity": "50",
"impact": "2",
"explanation": "Attack limited on finance or reputation"
{'affected_entities': [{'industry': 'Financial Services',
                        'name': 'KuCoin',
                        'type': 'Cryptocurrency Exchange'}],
 'attack_vector': 'Social Engineering',
 'description': 'A hack was recently discovered on the KuCoin cryptocurrency '
                "exchange's official Twitter account. A fraudulent promotion "
                'that caused users to lose money was promoted through the '
                'profile during this time. The cryptocurrency platform is '
                'currently promising to reimburse the users who were impacted '
                'by this.',
 'impact': {'systems_affected': ['Twitter Account']},
 'motivation': 'Financial Gain',
 'response': {'recovery_measures': ['Reimbursing affected users']},
 'title': 'KuCoin Cryptocurrency Exchange Twitter Account Hack',
 'type': 'Social Media Account Hack'}
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