FriendTech Users Report Unauthorized Access and Theft of Digital Assets
Several users of FriendTech (FT) have recently experienced unauthorized access to their accounts, resulting in the theft of their valuable digital assets. These security breaches have raised concerns about the vulnerabilities of the centralized service. SlowMist’s founder has issued a warning about the inherent risks associated with using the platform.
Twitter User @darengb Loses 22 ETH in FriendTech Hack
A user with the handle @darengb on Twitter was the first to bring attention to this issue. They revealed that their FT account had been hacked, resulting in the loss of 22 ETH. The attacker not only drained their wallet but also sold 34 of their keys, causing significant losses for others as well.
@darengb mentioned that if your Twitter account is linked to your real name, your phone number can be found, making you susceptible to SIM swapping attacks. They also highlighted receiving unsolicited calls that caused them to miss a critical text message from Verizon warning about a possible breach.
SlowMist Founder Highlights Vulnerabilities in FriendTech
In response to @darengb’s tweet, SlowMist’s founder commented on the risks associated with using FriendTech. The platform requires users to provide their mobile phone numbers, Gmail addresses, or Apple accounts for registration but lacks two-factor authentication, making it vulnerable to information leakage.
The founder also criticized Verizon’s security measures and noted that @darengb’s mobile phone number had been SIM swapped, leading to the theft of their FriendTech account. Another user, @d1pp3r__, shared a similar experience of having their account compromised and assets transferred to another address.
FriendTech Security Vulnerabilities Exposed
SlowMist’s founder further highlighted the vulnerability of FriendTech’s security. Even users with strong passwords and complex login credentials have found their accounts compromised. The founder predicted that once hacked, FT accounts may be permanently compromised due to the unique binding relationship between wallet addresses and users’ phone numbers.
Hot Take: FriendTech Must Strengthen Security Measures to Protect Users
The recent incidents of unauthorized access and theft on FriendTech have revealed significant security vulnerabilities in the platform. These breaches have resulted in the loss of valuable digital assets for users. To ensure the safety of user funds, FriendTech must implement stronger security measures, including two-factor authentication and improved information protection. Additionally, users should be cautious about linking their Twitter accounts to their real names to avoid exposing their phone numbers. It is crucial for centralized platforms like FriendTech to prioritize user security and take proactive steps to prevent such incidents from occurring in the future.
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