A phishing attack is a type of cyberattack in which hackers try to trick victims into opening malicious emails or links disguised as legitimate web content.
The July 15 security incident led to the takeover of accounts belonging to Barack Obama, Joe Biden, Jeff Bezos and many others. The compromised accounts were then used to promote a bitcoin scam.
While the scope of the incident was massive in its own right, it could merely be the tip of a very large iceberg with vast security implications. Cybersecurity experts and policymakers now worry that the bitcoin scam may mask a much more troubling data breach involving the personal communications of the world’s most powerful people.