Singapore police have reported an increase since mid-August in cases of unauthorized access to cryptocurrency accounts through compromised email inboxes. As Channel NewsAsia reports, law enforcement officers found that some of the victims’ email accounts had previously appeared in data breaches on other platforms. This may indicate that users’ credentials were compromised.

How perpetrators may act

According to police, perpetrators may have used compromised data to log into users’ cryptocurrency accounts if they used the same passwords across different online services. They may also have reviewed victims’ email to determine which…