Cybercriminals targeting crypto users; in March to May of 2023 alone, kaspersky solutions detected and thwarted over 85 000 scam emails, encompassing both hot and cold wallets ~ Phishing
Kaspersky has unearthed a phishing campaign targeting cryptocurrency users across the globe. The scheme showcases the ever-evolving tactics used by cybercriminals and reflects cryptocurrency’s increasing appeal.
With over 400-million cryptocurrency wallet owners globally, the spike in popularity of hot wallets comes from their accessible nature. Online storage services such as crypto exchanges and dedicated apps have become prime targets for cybercriminals due to their constant Internet connectivity. In contrast, cold wallets are entirely offline storage systems, like a dedicated device or even a private key jotted down on paper. Hardware wallets are a prevalent type of cold wallet. They have garnered favour among users storing substantial cryptocurrency holdings due to their enhanced security measures. However, Kaspersky researchers recently discovered a targeted phishing campaign specifically tailored to exploit cold wallet owners.
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