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Rephrase the title:Hackers selling X Gold accounts on dark web for phishing, scams: Report

Posted on January 4, 2024 By Haley Bennett

Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:

Cybercriminals are profiting from X “Gold” verification badge by selling compromised accounts for phishing and scams on the dark web marketplaces and forums, a new report revealed on Thursday.

According to the cybersecurity firm CloudSEK, these accounts pose a huge risk for organisations and individuals alike, as they can be used to spread disinformation, launch phishing attacks, and steal sensitive information.

X Gold is a paid feature introduced by the Elon Musk-run microblogging platform, which grants accounts a gold badge alongside the blue and grey tick, signifying legitimacy and brand recognition.

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However, the ease of obtaining Twitter Gold has attracted malicious actors who are purchasing and compromising accounts to further their nefarious activities, the report noted.

The researchers found that dark web marketplaces are flooded with advertisements selling X Gold accounts, with prices ranging from $35 for a basic account to $2,000 for accounts with large followings.

“The advertisements on the dark web can be traced back to multiple online shops and their marketing partners, such as Facebook, Telegram, etc. Some X account providers have hosted their shops successfully for over four years and used the same medium to advertise Twitter Gold accounts,” said Rishika Desai, Cyber Threat Researcher at CloudSEK.

“The amount of shops and service providers today is humongous, and most of them can be detected by running simple Google Dorks,” she added.

According to the report, hackers can use Twitter Gold accounts to send seemingly legitimate tweets containing malicious links that steal personal information, such as login credentials and credit card numbers.

They can also spread false information and propaganda through Twitter Gold accounts, potentially impacting public opinion and causing reputational damage.

In addition, hackers can use these accounts to promote fake investment opportunities, cryptocurrency scams, and other financial frauds, the report said.

Researchers recommended to regularly monitor brand mentions on Twitter and implement strong password policies to protect against account compromise.

Be wary of tweets from unknown accounts, especially those with the Gold badge. Do not click on suspicious links or engage with accounts that seem too good to be true.

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Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

Business Tags:cloudsek, cyber threat researcher, rishika desai, Telegram, twitter gold

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