MetaMask Issues Warnings to iCloud Users After $650K Phishing Attack

[waybesuricata]

MetaMask has issued a warning to users of iPhone, Mac, and iPad devices of a phishing attack strategy after a user reported losing $650,000.

The threat particularly concerns devices that have automatic backups to iCloud, which is often a default setting.

Some users save their seed phrases on iCloud and run the risk of being compromised in the eventuality of an attacker discovering their password.

“If you have enabled iCloud backup for app data, this will include your password-encrypted MetaMask vault. If your password isn’t strong enough, and someone phishes your iCloud credentials, this can mean stolen funds,” reads the warning from MetaMask.

The warning also came with tips on how users can protect themselves from the threat. The easiest method is for users to disable iCloud backups by navigating to settings and making the necessary changes on the backups menu.

Source: https://beincrypto.com/metamask-issues-warnings-to-icloud-users-after-650k-phishing-attack/