A recent report by the Russian anti-virus company Kaspersky Lab notes a disturbing phenomenon. In the second quarter of 2018, cybercriminals stole as much as $ 2.3 million through scams on the cryptocurrency market.
The report, titled “Spam and phishing in Q2 2018”, describes examples of phishing. Hackers often bribe victims to reveal confidential information. In return, they promise popular cryptocurrencies. What is frightening, people often get used to it …
Give us your btc!
Through these crypto-phishing scams, unsuspecting people voluntarily give hackers important information about storing their digital coins. Most often, thieves use copies of popular cryptocurrencies and stock exchanges.
Kasperksy also shows one new and more sophisticated fraud trend. Cybercriminals present themselves even as representatives of ICO (Initial Coin Offering). Using the ideas of ICO, they collect funds from potential investors who buy their tokens.
The report also notes that Kaspersky Lab’s anti-phishing system prevented the second quarter of this year. up to 58,000 attempts to connect to phishing sites.
ETH most at risk
In addition to describing various types of fraud, the quarterly report states that Ethereum (ETH) is currently the most popular crypto-currency for criminals. According to the company, its popularity among hackers increases with attracting more funds to ICO based on this platform.
Earlier research sheds light on ubiquitous fake Twitter accounts. During the research, Duo Security, analyzing cyber security, analyzed 88 million accounts on Twitter.
Analyzing 200 tweets from each account, the classifier detected a network of 15,000 bots, which spread fake contests and impersonated well-known cryptocurrency characters.
As a stock exchange, we have repeatedly warned you about cybercriminal attacks and educated about online security and we will to do so.