Anatomy of a Cryptocurrency Phishing Campaign

in crypto •  7 years ago 

I received this article in an email today and I thought it was interesting.

Virtual currency that's been surging in value, stored in internet-connected banks and virtual "hot wallets": What could go wrong?

The answer: About $175 million worth of stolen cryptocurrency and counting. And those are just the losses tied to three exchanges that have been hacked in the past year and quantified, at least in part, their losses (see Cybercriminals Go Cryptocurrency Crazy: 9 Factors).

https://www.bankinfosecurity.com/anatomy-cryptocurrency-phishing-campaign-a-10593?rf=2018-01-18_ENEWS_SUB_BIS_Slot1&mkt_tok=eyJpIjoiTjJFek1HVmhaR1U0TnpnNSIsInQiOiJiSThSM081QmNLVzU1SWs4N2xuenVDdGZKQ0RJNk1WY0JIclo2Q25jQ2JQaFFObFl1TE10ak5kSE9iOXllWUJCbWdMU1BmNXJFOWt2WkRmWDlvRXl1WVFISEFyTzZybjVvNWNkVGFFekdVS1hYam4yVFQ1V1NcL01FOUI3QTZ2TlAifQ%3D%3D

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Yeah that is the issue with any currency, there is always a chance of it being lost. Similar to the gold that was stolen from the US that backed the dollar... I feel there are many factors and it is very new and unregulated. Good to be informed :)

And where this money, there is always theft. So it's not like this type of thing is unexpected.