OKX users say they lost 2 million magnesium due to major security breach
On June 3, 2024, an OKX user "Lai Ri Fang Chang" claimed that due to a major security vulnerability in the platform, $2 million in his account was stolen by hackers. This incident immediately attracted widespread attention from the industry and media.
It is reported that the victim immediately contacted OKX’s customer service after discovering the abnormality in his account, but the loss was irreparable. The user said that this incident brought him huge financial losses and psychological pressure. He also called on other users to be more vigilant and strengthen account security.
Source: X
OKX later issued a statement confirming that the user had indeed suffered a hacker attack, but emphasized that this was an individual case and not a systemic problem on the platform. OKX stated that they are fully cooperating with the police investigation and will provide necessary assistance to the victims. The platform will also further strengthen security measures to prevent similar incidents from happening again.
Fraud syndicate uses "forgot password" to impersonate victims by changing faces
Preliminary investigation revealed that the hacking method was very complex and technologically advanced. The fraud group used AI face-changing technology to successfully impersonate the victim to perform a "forgot password" operation and obtain account reset permissions.
AI face-changing technology, known as deepfake, can generate highly realistic images, allowing hackers to deceive the system during the authentication process. In this attack, hackers used deepfake technology to create fake images of their victims and used these images to pass OKX’s identity verification system.
This attack method shows that with the advancement of technology, hacking methods have become more diverse and difficult to prevent. The abuse of deep forgery technology poses higher challenges to the security systems of major platforms. Experts suggest that platforms should adopt multi-factor authentication (MFA) and more advanced authentication technologies such as biometrics and behavioral analysis to improve system security.
This incident not only had a serious impact on OKX and its users, but also raised concerns about the abuse of deepfake technology. Many experts have called for strengthening the supervision and control of this type of technology to prevent it from being used by criminals to carry out criminal activities.
"Crypto City" reminds citizens not to over-concentrate their assets in a single exchange. Cryptocurrency risks are high. Please remember to diversify risks and ensure the safety of your assets.
