Saturday, July 20

Tag: crypto

Coinbase encounters SMS Scam in a Cyber Incident, Slender Data Leaked

Coinbase encounters SMS Scam in a Cyber Incident, Slender Data Leaked

Articles, News
Popular cryptocurrency exchange platform Coinbase has revealed that it experienced a cyber security incident targeting its employees. The company assured that there has not been any loss of funds or compromise of customer information as its cyber control safely prevented the attacker from obtaining direct access to the network. There was an exposure of "slender number of data" from the directory, including employee names, some phone numbers and email addresses resulting from the cyber-attack that occurred on February 5, 2023. A few of the employees were also targeted with a phishing SMS campaign as part of the attack that invited them to log into their company accounts to peruse an important message. One of the employees did fall prey to the scam as he entered his username...
Crypto Hype is Ushering Phishing Frauds

Crypto Hype is Ushering Phishing Frauds

Articles, News
Cryptocurrency seems to be an interesting investment but it can be susceptible to many frauds due to its rising popularity. So, it is not wrong to say that phishing scams have taken an advantage of crypto hype and the cybercriminals have purposely targeted individuals and businesses in the crypto space. These scams often involve fraudsters impersonating legitimate entities (such as exchanges, wallets, or well-known individuals in the crypto community) in order to trick victims into revealing their seed phrases, leading to theft of their assets. They often create fake websites or emails that look like legitimate crypto exchanges or wallets, and ask for login credentials or private keys. It's important to exercise cauti...