Authored by: Vallabh Chole and Yerko Grbic
On July 23rd, 2023, Elon Musk announced that the social networking site, Twitter was rebranding as “X”. The news propelled Twitter and X to gain headlines and become the top trending topics on popular social media platforms.
Scammers pounced on this opportunity and started renaming various hacked YouTube and other social media accounts to “twitter-x” and “twitter fund” to promote scam links with new X branding.
Figure 1. Twitter-X-themed YouTube Live Stream by scammer
Figure 2. Twitter X Crypto Scam
This type of scam has been active for some time and uses an innovative approach to lure victims. To make this scam more authentic, attackers target famous Influencers with sponsorship emails that contain password-stealing malware as email attachments. When password stealer malware is executed, the influencer’s session cookies (unique access tokens) are stolen and uploaded to attacker-controlled systems.
Figure 3. Malware Flow Chart
After the influencer’s account has been compromised, the scammer starts to rename channels, in this case to “Twitter CEO” and then the scammers start to live stream an Elon Musk video on YouTube. They post web links for new scam sites in chat, and target YouTube accounts with a large number of subscribers. On other social media platforms, such as Instagram and Twitter, they use compromised accounts to follow users and post screenshots with captions, such as “Thanks Mr.Elon”. If we look for these terms on Instagram, we observe thousands of similar posts. Compromised accounts are also used to post videos for software/game applications, which are malware masquerading as legitimate software or games. These videos demonstrate how to download and execute files, which are common password-stealing malware, and distributed through compromised social media accounts.
Protection with McAfee+:
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Figure 4. McAfee WebAdvisor detection
Below is a detection heatmap for scam URL’s targeting twitter-x and promoting crypto scams.
Figure 5. Scam URL Detection Heatmap
Figure 6. Password stealer Heatmap
Indicators of Compromise:
|Scam Site||Crypto Type||Wallet|
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#Scammers #Follow #Rebranding #Twitter #Distribute #Malware