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Romance Scammers Target Cryptocurrency Investors with Social Engineering and Fake Exchanges

Penetration Testing

AhnLab’s Mobile Analysis Team has issued an alarm about an insidious new breed of romance scams specifically targeting cryptocurrency enthusiasts.

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Steer clear of cryptocurrency recovery phrase scams

Malwarebytes

The dangers of cryptocurrency phishing are back in the news, after tech investor Mark Cuban was reported to have lost around $870k via a phishing link. As for the specifics of the phishing tactic deployed, Cuban is reported as saying he may have downloaded a bogus wallet tool via a search engine query.

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Ex-Security Engineer Gets Three Years in Prison for $12 Million Crypto Hacks

Security Boulevard

A former Amazon engineer who scammed more than $12 million from two decentralized cryptocurrencies exchanges in 2022 was sentenced to three years in prison in a case that the U.S. The post Ex-Security Engineer Gets Three Years in Prison for $12 Million Crypto Hacks appeared first on Security Boulevard.

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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned. 13, with an attack on cryptocurrency trading platform liquid.com.

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Support Bot Scam on Twitter Steals Cryptocurrency | Avast

Security Boulevard

A crypto support bot scam discovered in May has now increased and widened its breadth of targeted cryptocurrency users. If the user falls for it, the scammer then works on the user, using social engineering to obtain the recovery phrase for the user’s cryptocurrency account.

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Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast

Security Boulevard

Ben is disappointed: FBI reports huge rise in cryptocurrency investment scams. The post Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast appeared first on Security Boulevard. Why am I not surprised?

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