How easy it is to Socially Engineer Microsoft Skype Support
phrozenblog.com
phrozenblog.com
Apparently the security hole was that you just needed to provide the email and birthdate to the tech support, then they'd go ahead and reset your info.
At least there's no way to transfer the goods onto another account like there is on Steam (yet).
The worst part about all this is when you ask the tech support how your password got reset, they always say it's your fault (you got a virus, keylogger, etc) and never that it's theirs (social engineering, database lost, etc). Guess you gotta keep face.
I'm not sure why anyone would give money to a friend via Liberty Reserve, just because a friend requests some via an instant message. The average person has probably never heard of Liberty Reserve either. Before sending any money of any kind, wouldn't one ask the friend what's wrong whereupon it would become obvious it's not them?
Maybe I'm just deeply skeptical and distrusting and the rest of the world is more optimistic.
It needs a target who's close enough to care, but not so close that they know the details are wrong (as far as I knew, my aunt could have been in Spain). The apparent theft can stop a credulous target from trying to phone the person.
Finally, it only needs to work occasionally to pay off, and the OP mentions having over 1000 Skype contacts.
This just highlights the problem of having accounts that rely in the same email address that are used for identification.
Also im not sure how the author experts someone to add 5 temp accounts to bypass the Microsoft support, when you would need to have the password and have logged in to add them. In which case there already in the account and wouldn't need to contact Microsoft. (unless there is a way to add Skype contacts without being logged in.)
This is even worse than all those 'Where were you born?' security questions. At least with those you see that the site is using it for security, and you can choose to make up an answer. This way, you don't know what you need to keep secret until it's too late.
Somehow Microsoft assumes knowing a small number of contacts ensures you are the owner. Close friends or even co-workers and classmates can easily get their account compromised by someone they know. Knowing any mutual friends pretty much convinces them it's your account.
The end result is I just don't trust Microsoft to have secure accounts for anything. I'll stick to my Google account with two-factor authorization.