WOO X team member’s device accessed
Rob Behnke, chairman of blockchain security firm Halborn, said in a report on Tuesday that bad actors responsible for the WOO X hack used social engineering to target one of the firm’s team members and access their devices.
“In this case, the attacker used social engineering to compromise a team member’s computer. From there, they could pivot to the development environment and exploit trust in the system to drain user accounts,” he said.
“The attacker successfully performed multiple malicious transactions over the course of two hours before the suspicious activity was noticed and the platform disabled withdrawals.”