Menu

The Crypto Revolution Reaches Fever Pitch for Today’s Phishing Scammers
📰
0

The Crypto Revolution Reaches Fever Pitch for Today’s Phishing Scammers

Akamai·Or Katz·about 1 month ago
#lFFXaQnM
Reading 0:00
15s threshold

Within the past few years, cryptocurrency and blockchain-related technologies have stormed into the public eye, garnering mainstream attention among institutional and everyday investors alike. It was only a matter of time until cybercriminals capitalized on this increased awareness to get in on the action, utilizing the crypto frenzy to create new ways to exploit victims with clever scams.  \r\n In fact, according to a recent report by Chainalysis researchers, cryptocurrency-based scammers received a record-breaking $14 billion in deposits throughout 2021, nearly double the amount collected during 2020.   \r\n Tracking continuous cyberattack campaigns \r\n As part of our ongoing threat research, Akamai researchers have been able to track continuous cyberattack campaigns that took advantage of the crypto fever, including fraudsters who introduced a variety of phishing schemes built on fake rumors, such as “Amazon to create its own digital token.” This particular scam played directly…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More