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Kaspersky Lab: $10 Mln in Ethereum Stolen Over Past Year via Social Engineering Tricks

Discussion in 'General Discussion' started by Arpit, Jul 13, 2018.

  1. Arpit

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    Kaspersky Lab’s security experts have found that cyber criminals were able to steal more than 21,000 in Ethereum (ETH) (worth around $10 million) through social engineering schemes over the past year, Cointelegraph auf Deutsch reports Thursday, July 12.

    According to a July 9 report, cyber criminals have triggered more than a hundred thousand alarms altogether on security software in connection with cryptocurrencies since the beginning of 2018.

    Kaspersky Lab notes that scammers particularly single out investors interested in Initial Coin Offerings (ICO), using fake websites and phishing emails containing an e-wallet number to trick their targets out of money.

    The report mentions the Switcheo ICO as an example, stating that criminals stole more than $25,000 worth of crypto by posting a fake offer on a Twitter account claiming to be associated with the ICO.

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