Crypto Exchanges See 10X Increase In Phishing Attacks Says New Report

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While the overall volume of phishing attacks across all industries in the first half of 2021 soared by 22% compared to the same period last year, cryptocurrency exchanges saw a massive 10x increase in phishing, claims the latest report by cyber threat intelligence company PhishLabs.
A phishing attack is one in which the victim receives an email or notification that resembles an official notice from a company or even colleague, but is in fact a ploy to extract sensitive information about the recipient. This information could then be used to access bank details or crypto exchange accounts.
Notably, a significant part of phishing attacks is happening on social media platforms, where most of the activity and communication is taking place, with a combination of brand, executive, and employee impersonation attacks accounting for more than a half (54.7%) of all social media attacks on the cryptocurrency sector.
“Bad actors continue to utilize phishing to fleece proprietary information, and

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Źródło: https://decrypt.co/78715/crypto-exchanges-see-10x-increase-phishing-attacks-says-new-report

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