The email service reveals that hackers gained control of select Web3 email accounts by targeting a customer service employee through a social engineering attack.
Email marketing firm MailerLite has confirmed that hackers gained access to accounts of large Web3 companies to carry out phishing email scams that drained an estimated $3.3 million from subscribers.
Cointelegraph was among a handful of Web3 companies targeted in the Jan. 23 attack, with emails sent from the official accounts of WalletConnect, Token Terminal and De.Fi containing malicious links harboring wallet-draining software.
Hours after the emails had been sent to subscribers, MailerLite released details of how its system had been compromised through a social engineering attack targeting a customer support employee.