All articles tagged with #linus media group
Linus Sebastian, the CEO of Linus Media Group, has announced that he is stepping down from his role due to exhaustion and will be taking on a new position as Chief Vision Officer. The company received an offer of $100 million to sell, but Sebastian turned it down. Terren Tong will replace him as CEO.
Linus Media Group's YouTube channels were hacked through a fake sponsorship email containing malware that stole cookies from an employee, allowing hackers to take control of several channels. This type of attack is common on YouTube and could be prevented by region or IP locking authentication cookies and implementing authentication prompts for channel name changes and mass video changes or deletions. YouTube needs to improve its security mechanisms to prevent these types of attacks.
Linus Tech Tips, a popular tech YouTube channel owned by Linus Media Group, was hacked by crypto scammers who ran several livestreams centered around Elon Musk and Bitcoin, while making private videos public and deleting a vast amount of popular videos on the channel. The scammers urged viewers to send cryptocurrency, ultimately resulting in the channel's deletion. Other Linus Media Group channels were also affected.
Multiple YouTube channels under the Linus Media Group (LMG) brand, including the main Linus Tech Tip channel with over 15 million subscribers, were taken offline after being hijacked by crypto scammers who promoted bogus livestreams redirecting to cryptocurrency scams. The hackers also revealed several private videos on the channel. YouTube has seen an uptick in hackings from crypto scammers over the past year, and the company has yet to implement any features to mitigate the problem.