Mailer Lite attacker impersonates encryption company and releases phishing emails to steal over $600,000

Web3 security and privacy company Blockaid said digital marketing platform Mailer Lite lost more than $600,000 due to a phishing attack. Blockaid explained that attackers exploited a vulnerability in Mailer Lite to impersonate a Web3 company and send legitimate-looking emails that actually contained links to malicious websites, adding: "The attackers took advantage of the fact that Mailer Lite had previously been authorized to act on behalf of these The fact that the website sends the emails allows them to spoof emails that appear to be from these organizations." (The Block)