Cryptocurrency: BAPESCLAN Hijacks BritArmy's Social Media

[grarpamp]

British Army's YouTube & Twitter Accounts Briefly Spammed With Crypto
Video And Elon Musk Photos

https://www.theepochtimes.com/british-armys-youtube-and-twitter-accounts-briefly-spammed-with-crypto-video-and-elon-musk-photos_4482589.html

https://www.theepochtimes.com/cyber-insurance-costs-spike-113-percent-in-a-year-in-australia-report_4308068.html

An investigation is underway after the British Army’s social media
accounts were briefly hijacked on Sunday.

The army’s YouTube channel was renamed “Ark Invest” - a global
investment management firm - and featured a number a videos on
cyptocurrency with images of billionaire entrepreneur Elon Musk.

The Epoch Times has contacted Ark Invest for comment.

Its Twitter account was briefly renamed Bapesclan, with a clownish
profile photo that appears to be a cartoon ape figure donning an
outfit inspired by the main character in the 2019 “Joker” film.

Screengrab of the British Army Twitter page after it was hacked on
July 3, 2022. (PA Media)

The account made several posts about non-fungible tokens - a distinct
cryptographic token that cannot be replicated, which acts as a
certificate of ownership for virtual items - before being restored to
normal.

The Ministry of Defense (MoD) said it was aware of a breach of the
accounts in a Twitter post at 7:10 p.m.

Two hours later, the British Army apologised on Twitter for “the
temporary interruption” and said that “normal service will now
resume.”

    “We will conduct a full investigation and learn from this
incident,” the message reads.

The MoD later confirmed that the breach had been resolved and an
investigation is underway.

    “The Army takes information security extremely seriously and until
their investigation is complete it would be inappropriate to comment
further,” the MoD said on Twitter.

Tobias Ellwood, the Conservative MP for Bournemouth East and chair of
the House of Commons Defence Select Committee, said the incident
looked “serious.”

    “I hope the results of the investigation and actions taken will be
shared appropriately,” Ellwood said on Twitter.

Cybersecurity has become a pervasive issue as the world becomes more
interconnected.

Earlier this year, cybersecurity agencies from the United States,
United Kingdom, Australia, New Zealand, and Canada said hackers were
targeting public and private sectors and warned organisations to
implement mitigation strategies.

The Five Eyes state agencies recommended regular updates of software,
implementing a centralised patching system, implementing multi-factor
authentication, ensuring remote employees had strong passwords,
protecting controls and architecture, and encrypting network traffic.

However, the cost of monitoring and protecting against cyber threats
has also ballooned.

A February report found that the average cost of insurance to cover
cybersecurity breaches spiked 113 percent in Australia from 2020 to
2021.