According to Odaily, Ethena recently reported that in October 2024, its team successfully identified and thwarted a social engineering attack aimed at compromising its X account. The attackers employed sophisticated identity forgery techniques and targeted X platform employees with social engineering tactics to bypass standard security measures, including two-factor authentication (2FA).
Ethena responded promptly to the threat, coordinating with the X platform support team to prevent unauthorized changes and secure the account against future attacks. This swift action ensured the protection of Ethena's account, highlighting the importance of vigilance and collaboration in maintaining cybersecurity. The incident underscores the ongoing challenges organizations face in safeguarding their digital assets against increasingly complex cyber threats.