An example of this scam is a channel where hackers used artificial intelligence to replicate Elon Musk’s face and voice, promoting investment activities with the sole purpose of defrauding viewers. Elon Musk, along with his companies Tesla and SpaceX, and MicroStrategy, a provider of business intelligence, mobile software, and cloud-based services, top Bitdefender’s list of VIPs most exploited for this type of cyber fraud.
Stream-jacking involves hackers targeting popular channels to acquire accounts or attract followers to a fake channel with the promise of rewards, using various techniques including livestreams with pop-ups, codes, and malicious links.
Bitdefender estimates that hackers have earned more than $600,000 through this technique. Typically, criminals promote their campaigns during particular moments for the sector, from the rise in Bitcoin value to Tesla launching a new car model. Experts advise always checking the channel’s identifier for unexpected characters or spelling errors to avoid falling victim to identity theft. Reporting observed scams is crucial to control the phenomenon, and users should also check social media feeds, as these scams are often reported and described in detail.
Source: ANSA
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