The X Money payment application was the target of a massive cyberattack following its launch. Users of the X platform began receiving unexpected password reset emails, which immediately raised security concerns.
The company that owns the platform alerted users to the possibility of facing a phishing campaign orchestrated by hackers. These attacks consist of attempts to deceive users into revealing their access credentials.
X Money was recently launched as a new payment service integrated into the X platform, formerly known as Twitter. The timing of the attack coincides with the launch, suggesting that hackers may have taken advantage of the attention generated by the new product to maximize the reach of their fraud attempts.
Computer security authorities are investigating the incident to determine the origin of the attack and the number of users potentially affected by this malicious campaign.
