String attractors [STOC 2018] are combinatorial objects recently introduced to unify all known dictionary compression techniques in a single theory. A set $Γ\subseteq [1..n]$ is a $k$-attractor for a string $S\in[1..σ]^n$ if and only if every distinct substring of $S$ of length at most $k$ has an occurrence straddling at least one of the positions in $Γ$. Finding the smallest $k$-attractor is NP-hard for $k\geq3$, but polylogarithmic approximations can be found using reductions from dictionary compressors. It is easy to reduce the $k$-attractor problem to a set-cover instance where string's positions are interpreted as sets of substrings. The main result of this paper is a much more powerful reduction based on the truncated suffix tree. Our new characterization of the problem leads to more efficient algorithms for string attractors: we show how to check the validity and minimality of a $k$-attractor in near-optimal time and how to quickly compute exact and approximate solutions. For example, we prove that a minimum $3$-attractor can be found in optimal $O(n)$ time when $σ\in O(\sqrt[3+ε]{\log n})$ for any constant $ε>0$, and $2.45$-approximation can be computed in $O(n)$ time on general alphabets. To conclude, we introduce and study the complexity of the closely-related sharp-$k$-attractor problem: to find the smallest set of positions capturing all distinct substrings of length exactly $k$. We show that the problem is in P for $k=1,2$ and is NP-complete for constant $k\geq 3$.