Phishing scams used to steal crypto-currencies! Article From SCMAGAZINEUKsteemCreated with Sketch.

in #crypto-news7 years ago (edited)

Hello Crypto-Enthusiasts..!

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Be careful out there, I found this article and thought it might be of benefit for some people out there that people are out to scam you so just be warned and safe. If you can! I have been scammed before and don't want anybody to be a victim again!

With the value of crypto-currencies like bitcoin continuing to climb, cyber-criminals are looking to expand the tricks they use to steal these virtual dollars.

The newest trick in their arsenal is to use the websites that support the various currencies as bait in phishing scams. A Proofpoint report pointed out several examples of crypto-currency users being hit with phishing scams that attempt to steal wallet IDs and credentials that would allow them to withdraw money from the victim's digital currency wallet. Ironically, the anonymised nature of these currencies makes it almost impossible to track the thief or where the money went.

Not surprisingly bitcoin, as the most popular digital currency, is frequently found at the centre of these attacks with cyber-criminals using emails purportedly from bitcoin-wallet provider blockchain.com as a lure. The emails match Blockchain's typical email format and use the correct branding and normally tell the target that a recent transaction was not successfully completed. It then asks for the victim to follow a link that will lead them to a “Blockchain” page where they are asked for their login credentials. To make certain the phishing emails and fake websites appear genuine the scammers keep an eye on any changes made by Blockchain or other digital currency company.

“We have observed regular updates to phishing templates keeping them in step with design changes to the legitimate blockchain.com website,” Proofpoint said.

For more on this article here is a link!

https://www.scmagazineuk.com/phishing-scams-used-by-cyber-criminals-to-steal-crypto-currencies/article/668610/

Be cautious is the KEY!

Thanks for looking!

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