- Phishing scammers targeted Ripple’s CTO David Schwartz using real Apple templates to trick him into revealing his Apple ID.
- Despite the attack, Schwartz detected the scam due to poor grammar in the messages.
- The incident underscores the critical need for heightened cybersecurity awareness, especially among tech industry leaders.
Chief Technology Officer of Ripple David Schwartz said on social media that he was duped by an elaborate phishing scam. In order to take control of his Apple ID, advanced procedures were used in the attack.
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Schwartz described how the scammers initiated a support case with Apple using his email address. They then sent him SMS messages mimicking official Apple communications. The messages contained real Apple email templates and web pages, making them appear legitimate. By leveraging a genuine support case, the fraudsters hoped to deceive Schwartz into divulging sensitive information.
Details of the Attack
The attackers managed to obtain Schwartz’s email address and phone number. This enabled them to open a support case and send convincing SMS messages. Schwartz noted, “Presumably, Apple wouldn’t have given them access. What’s clever is using the (real) case to make their (fake) SMS messages convincing.”
Even with the deception’s brilliance, Schwartz was not duped. The bad grammar in the fake mails helped him to identify them.
Implications and Warnings
The event brings to light the increasing danger of phishing schemes that target well-known people. David Schwartz underlined that even when communications seem authentic, caution is still required.
Phishing scams are always evolving, using ever-more-advanced techniques to fool even the most astute people. The incident coincides with the recent Ripple collaboration with Meta and several cryptocurrency exchanges, including Coinbase launching a new initiative “Tech Against Scams,” to combat scams.
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