Tune Talk users receive “Bitcoin investment” alerts when the app is compromised

Tune Talk users receive “Bitcoin investment” alerts when the app is compromised

Tune Talk users receive

As the cryptocurrency sector expands, participants are increasingly being targeted by fraudsters who now appear to have resorted to using Malaysia’s largest mobile network provider to try and con people out of Bitcoin (BTC).

In particular, users of the app of Tune Talk, the largest mobile prepaid mobile virtual network operator (MVNO) in Malaysia, have received push notifications offering them to double their Bitcoin investments, some of them reported on August 19.

As Malaysian technology news portal TechNav reported, this scam is too trends on Twitter, users warn each other about a possible hack in the official app and ignore the message unless they want to go bankrupt.

The affected users have posted screenshots of the suspicious notifications on both platforms claiming that they have won some sort of contest and are therefore eligible to double Bitcoin, as long as they click on the notification and send Bitcoin to an e-wallet.

Suspicious push message Tune Talk users have received. Source: TechNav

Tune Talk reactions to the scam

Speaking to the Malaysian News Agency The starTune Talk’s Chief Operating Officer, Nantha Arumugam, said that:

“We are aware that the last app notification may have been compromised. Our team is currently investigating the cause and we will update our subscribers as soon as possible.”

Furthermore, the app’s creators also responded immediately on the website, acknowledging the issue, assuring users that only the app’s push notification system was compromised, and guaranteeing that they were on top of it.

As the site said:

“If you have received a Bitcoin message from us, do not panic and ignore it. Only our push app notification was compromised and our team is investigating the issue. You can rest assured that your personal information is safe with us.”

The same feeling was expressed also on the app’s Twitter page.

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Meanwhile, crypto-related cybersecurity incidents are nothing new to the industry, as crypto hackers have looted $2 billion in the first half of 2022, and managed to carry out 175 hacks on crypto projects, as Finbold reported in early July.

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