Wave of X password reset emails could be hiding a sneak phishing attack

X users are reportedly receiving multiple password reset confirmation emails en masse, allegedly triggered by hackers attempting to access their accounts.

While there have been no reported breaches thus far, these emails may be hiding a secondary attack.

SEE ALSO: With the launch of X Money, Elon Musk gets one step closer to his 'everything app' In a post on Monday, X product engineer Mridul Singhai acknowledged the deluge of password reset emails that many users have been receiving.

"Attackers appear to believe that, now that @XMoney is widely available, they can gain unauthorized access to accounts," Singhai posted , responding to a user who raised the issue .

"We are actively investigating the issue and, so far, have found no evidence of any breaches.

We apologize for the multiple emails and appreciate your patience as we work to resolve this." This Tweet is currently unavailable.

It might be loading or has been removed.

X launched X Money in July , offering financial services to users with paid X Premium or Premium+ accounts.

Users can hold money, make payments, and receive funds within the X platform, as well as conduct peer-to-peer transfers.

As such, if a hacker is able to gain unauthorised access to people's X accounts, it could have serious financial consequences.

Sharing Singhai's post, X's general counsel James Burnham stated that "[t]he legal and security teams [at] @X will stop at nothing to identify, locate, and hold criminally accountable any person anywhere on or off earth who attempts to victimize our platform's users." This Tweet is currently unavailable.

It might be loading or has been removed.

This Tweet is currently unavailable.

It might be loading or has been removed.