🚀 ProPicks AI Hits +34.9% Return!Read Now

The Sandbox Identifies Security Hack: Intrusion of Third Party

Published 2023-03-02, 06:55 a/m
© Reuters.  The Sandbox Identifies Security Hack: Intrusion of Third Party
INTZ
-
SAND/USD
-

Coin Edition -

  • The Sandbox noticed the intrusion of an unauthorized third party into the ecosystem.
  • The platform released a blog making the customers aware of the security incident.
  • The intruder gained access to an employee’s system and sent false emails to the customers for collecting personal information.

The Sandbox, the decentralized gaming ecosystem, recently disclosed information regarding the intrusion of a third party into the platform, gaining access to the computer of an employee. Through hacking the system, the intruder accessed the customers’ email addresses and sent them emails “falsely claiming to be from The Sandbox.”

Notably, on March 2, The Sandbox released a blog regarding the intrusion of an unauthorized third party that the platform noticed on February 26. The platform issued the “Notice of the Security Incident” with the intention of making the community “understand what happened, what information was involved,” and what the platform would do to safeguard the customers.

Subsequent to the incident, the Chinese reporter Collin Wu shared a Twitter thread mentioning the security issue that The Sandbox witnessed:

In addition, Wu included the details of the malware that would be installed into the receiver’s system upon accessing the link attached to the email titled “The Sandbox Game (PURELAND) Access,” stating:

The email included hyperlinks to malware that may have the ability to remotely install malware on a user’s computer, granting it control over the machine and access to the user’s personal information.

Significantly, after identifying the detrimental condition, The Sandbox contacted the known recipients of the fake emails, “informing them it [email] was unauthorized.” In addition, the customers were warned not to open, play, or download anything from the hyperlinked website.

Additionally, the platform confirmed that it has made the necessary arrangements to block further security issues, stating:

We have blocked the employee’s accounts and access to The Sandbox, reformatted the employee’s laptop, and reset all related passwords including requiring two-factor authentication. We have not identified any further impacts.

Further, The Sandbox reassured that the third party was only able to access an individual computer, which he has done through “a malware application.”

The post The Sandbox Identifies Security Hack: Intrusion of Third Party appeared first on Coin Edition.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.