Retool reported 27 cloud customers affected by SMS phishing, which affected several crypto entities.
Retool, a prominent software development company, has recently revealed that 27 of its cloud customers fell prey to a targeted SMS-based phishing attack.
campaign directed at Retool’s employees. The malicious individuals pretended to be IT team members and urged recipients to click on a seemingly legitimate link to address a payroll-related problem. One employee fell for this trick and ended up on a fake login page with a multi-factor authentication form where their login credentials were stolen.
The situation took a turn due to the employee’s use of Google Authenticator’s cloud synchronization feature, allowing theto gain access to internal administrative systems. Subsequently, they gained control of the accounts belonging to 27 customers within the cryptocurrency industry.
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