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Hackers have used Microsoft email accounts to steal user encryption

In worse news for users of Microsoft e-mail services such as Outlook, Hotmail and MSN, several cryptographic holders affected by a recent hack alleged that hackers stole their encryption, as reported by Vice Motherboard on April 29.

One victim said at a Dutch technology forum that she lost just over 1 bitcoin (BTC), or nearly $ 5,400, when hackers used their email account to reset their password and gain access to their Kraken account on March 31 . Several Reddit users have witnessed similar experiences.

According to Microsoft, the initial breach occurred between January 1 and March 28 of this year, though, according to others, may have been extended for six months. Initially, hackers would reach consumers' emails through a Microsoft support agent account.

Microsoft's initial e-mail statement to affected users assured them that hackers may have accessed email metadata, such as contacts, "but not the content of any e-mail or attachment."

Two days later, however, reports surfaced that hackers were able to read e-mail content.

Microsoft still has to respond to the latest escalation of this security breach.

This comes just a week after an Independent Security Evaluators report of a "blockchain thief" who stole millions in ether for guessing weak private keys, as well as Coinbene's continued denial of losing more than $ 100 million to a hack on March.

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