KAMPALA, UGANDA: Singer Lydia Nabawanuka popularly known as Lydia Jazmine lost her YouTube account which has over 120,000 subscribers to hackers.
Upon taking over her account, the hackers uploaded content with videos of Michael Saylor, the former chief executive of Microstrategy, explaining cryptocurrency investment. Both videos focused on Bitcoin.
The musician’s manager confirmed the development on Monday afternoon and said they were “trying to resolve” the issue with the videos now removed after filing a complaint to Google but the account had not been retrieved.
Lydia Jazmine’s YouTube account has over 20 million views since its creation in 2018.
Aside from music, the musician also uses her channel to publish some advertising campaigns she has participated in, implying it’s a valuable source of income.
The 31-year-old recording artiste, who nurtured her talent in the school choir, released her first single with Rabadaba called ‘You Know’ in 2014.
Crypto scammers are some of the aggressive and bold crooks in the cybercrime world, as they have even targeted accounts of very famous people like US President Joe Biden and tech billionaire Elon Musk.
Hacking is a very lucrative industry, as criminals take over accounts and demand heavy ransom payments to enable owners of accounts to regain access to their sites.
According to VMware’s 2021 Global Incident Response Threat Report, if cyber criminals continue operating at their current rate, by 2025 global cybercrime costs will reach $10.5 trillion.