- Phishing Damages Increased Over the Year
- More Sophisticated Phishing Methods
- The Need to Verify Websites
The number of phishing attacks in the crypto sector continues to grow, especially with the introduction of new sophisticated methods used by scammers. Users are losing substantial amounts, emphasizing the need to be more vigilant when using the internet.
Phishing Damages Increased Over the Year
According to Web3 security company Scam Sniffer, the damage from crypto phishing attacks has significantly increased over the past year. In August, more than 9,100 victims lost about $63 million, a 215 percent increase from the previous month. While the number of victims decreased by 34 percent compared to July, the amount of stolen funds surged.
More Sophisticated Phishing Methods
The methods used in phishing attacks are becoming more sophisticated. One common technique is 'punycode', where characters similar to Latin letters are replaced with characters from other alphabets, such as Cyrillic. This makes the URLs of fake sites look very similar to the real ones. For example, scammers used this method to create a fake version of the CoinDesk site.
The Need to Verify Websites
It is important to always be cautious when visiting websites. Never enter personal information or connect your crypto wallets without verifying the authenticity of the site. One way to protect yourself is to carefully check URLs and avoid suspicious links from emails and messages. Scam Sniffer recommends that users be vigilant, especially when using digital wallets or online banking.
With the increasing damage from phishing attacks, internet users should heighten their vigilance and carefully verify the authenticity of websites, especially when it comes to financial transactions. This will help prevent the theft of funds and personal data.
