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Cyberthreat: LinkedIn schemes for crypto asset theft

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by Giorgi Kostiuk

3 months ago


Hackers have begun using LinkedIn to scam cryptocurrency users by spreading malware.

Scams through LinkedIn: A new level of threat

Web3 security expert Taylor Monahan noted that hackers use LinkedIn to distribute malware. These actions lead to loss of control over victims' devices, followed by attacks.

Methods of the attackers and social engineering

Hackers create fake LinkedIn profiles posing as recruiters for well-known companies. They entice victims with job offers and persuade them to use tools like Willo Video for 'interviews'. The trap lies in providing malicious links during communication, compromising the victim's device upon following instructions.

If you follow their instructions, you are fcked. It’s not fixing the issue.Taylor Monahan

Warnings for the crypto community

Monahan warns that clicking on a malicious link gives hackers control over the device. The case resembles incidents with other social engineering attacks, including thefts associated with the Japanese crypto firm Ginco, losing $305 million.

Despite LinkedIn's efforts to remove fake accounts, the issue persists. Users are advised to remain vigilant and avoid suspicious links.

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