Company keeps quiet amid high-profile compromises
Security researchers are claiming a spate of DNS hijackings at web3 businesses is linked to Squarespace's acquisition of Google Domains last year.
The assessment was made by security researchers Samczsun, Taylor Monahan, and Andrew Mohawk in a report published over the weekend. In it, they say the attacks began on July 9 and all affected organizations had their domains migrated to Squarespace following the acquisition.approached the website builder, domain registrar, and serial sponsor of YouTube videos for its take on things but it didn't immediately respond.
"However, because Squarespace also does not require email validation to create an account using password authentication – ie, you can create an account for [email protected] without owning the email address – the threat actor simply created accounts with all potential emails that might be migrated with a domain but had yet to be registered. Once the threat actor found a valid email, they had full access to the associated domains without having to verify the email address.
In the cases targeting cryptocurrency and blockchain companies, the researchers say the phishing sites are designed to steal tokens and other digital assets from users' digital wallets.
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