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FBI says FaceStealer fake-call scheme hit more than 900 victims

Authorities say the scheme aggressively targets staff involved in the development and maintenance of open-source software.

north korean, binance, authorities, next, hackers, crypto, calls, fake

Key facts

  • The FBI has warned that a social engineering scheme it calls FaceStealer has taken in more than 900 victims over the past 18 months, using fake video…
  • Authorities say the scheme aggressively targets staff involved in the development and maintenance of open-source software. The bureau has described…
  • According to US authorities, the hackers play pre-recorded video of earlier victims whom the target knows, so the call looks legitimate. The audio is…

The FBI has warned that a social engineering scheme it calls FaceStealer has taken in more than 900 victims over the past 18 months, using fake video calls aimed at people who work in cryptocurrency and web3.

Authorities say the scheme aggressively targets staff involved in the development and maintenance of open-source software. The bureau has described it as capable of deceiving even experienced users who are alert to security risks.

According to US authorities, the hackers play pre-recorded video of earlier victims whom the target knows, so the call looks legitimate. The audio is made to appear to fail.

The calls are secretly recorded and later reused as material to approach new victims, the authorities said.

A supposed fix for the failed audio downloads malware onto the target's device. That software lets the hackers reach contact lists and apps, widening the pool of people they can approach, according to the account given by US authorities.

The warning comes a week after Binance, described as the world's largest crypto exchange, said hackers had used fake job interviews to steal a record $6.3bn (£4.7bn) from the company.

Dig deeper

What is the FBI?

The Federal Bureau of Investigation is the main US federal law-enforcement agency and investigates cybercrime, including schemes aimed at people who work in cryptocurrency.

What is Binance?

Binance is a major cryptocurrency exchange where people trade and hold digital assets; the FaceStealer warning follows its report of a separate fake-job-interview theft.

What is web3?

Web3 is a loose label for online services built around blockchains, tokens and decentralized apps — the field whose developers and maintainers the scheme is said to target.

What is social engineering?

Social engineering is manipulation that gets someone to trust a fake interaction, such as a video call, instead of relying only on a technical break-in.

What is open-source software?

Open-source software is code that is publicly shared and often maintained by distributed contributors, a community authorities say the scheme specifically goes after.

Why does this matter?

People who build and maintain crypto software often hold contacts, code access and app logins, so one trusted fake call can spread malware and reach more victims.

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