The South Korean government’s YouTube channel has been hacked to broadcast a crypto-related video featuring Tesla CEO Elon Musk.
South Korean government’s YouTube channel hacked to stream Elon Musk’s video
On Saturday, the government’s official Youtube channel was hacked, renaming it “SpaceX Invest”. The hackers showed a crypto-related post featuring an interview with Elon Musk after the hack. An official from the Ministry of Culture and Tourism, who manages the YouTube account, said they became aware of the situation at 6 am. He also stated that they took a security measure and restored the account at 07:20 in the morning.
The official says the account’s identity and password are suspected to have been stolen. YouTube’s parent company Google has confirmed that the channel has been hacked, Yonhap news agency reported. An official from Google Korea said it is currently investigating the cause of the incident. The attack came after a YouTube channel run by the Korea Tourism Organization (KTO), affiliated with the tourism ministry, was hacked earlier this week.
The channel, which has around 509,000 subscribers, was initially on target Thursday and again the next day, according to KTO. The channel is currently unavailable. A KTO official said that Google automatically blocks access to the account if it detects abnormal links.
The screenshot above is from the video where the compromised channel was renamed SpaceX Invest. The image came from local source which includes a stream of videos showing Elon Musk. The main reason for the attack was that the identity and password of the YouTube channel were not compromised.
This is not the latest hack
In another recent hack, Binance announced that it is conducting an internal investigation to find the culprits, to help KyberSwap survive the recent attack that drained $265,000 worth of user funds. cryptocoin.comAs you follow, Binance reported that it is working with law enforcement in the investigation.
#Binance security team has identified two suspects for yesterday's KyberSwap hack. We have provided the intel to the Kyber team, and are coordinating with LE (law enforcement).
Stay #SAFU. https://t.co/tbQBGaGTNG
— CZ 🔶 Binance (@cz_binance) September 3, 2022
Binance CEO Changpeng ‘CZ’ Zhao revealed that the Binance security team has identified two suspects. He also stated that he has forwarded this information to KyberSwap and law enforcement. In his recent statements, CZ stated:
Binance is now playing the role of a big brother in the crypto space. Binance has gone beyond securing its platform, securing the entire crypto ecosystem.
