ShinyHunters Pulls Off Devastating Social Engineering Hack on Figure Technology

Halborn releases analysis on Figure Technology breach. ShinyHunters exploited social engineering, exposing user data, including API keys and access tokens for 100 customers. Off-chain controls are needed to reduce risk: implementing multi-factor authentication, limiting employee permissions, and segmenting sensitive access points. Data exposed can be used to deploy phishing campaigns or compromise DeFi protocols securely.