Fake websites are posing as crypto exchanges to drain victim wallets

Cybercriminals are reportedly using fake versions of popular websites such as Coinbase, Gemini, Kraken, and MetaMask in an attempt to drain...

Cybercriminals are reportedly using fake versions of popular websites such as Coinbase, Gemini, Kraken, and MetaMask in an attempt to drain the bitcoin wallets of victims dry. 

According to Netskope, criminal groups are using search engine optimization (SEO) techniques, that involve an extensive network of bots posting links to phishing pages on other websites (mainly blogs) to boost their rankings in search engines such as Google.

In some instances, the researchers claim these fake websites are ranking better than the legitimate sites being copied.

How does the campaign work?

When the victim clicks on a malicious link, they will be greeted by relatively realistic-looking imitation websites hosted on either Google Sites or Microsoft Azure, which will often include a detailed FAQ.

Using the popular Crypto wallet MetaMask as an example, Netskope researchers said users would be directed to either “Download now” or “Login”, where the site will try and dupe users out of their crypto wallet or their username and password. 

How can I avoid getting compromised?

Netskope had some advice for those who don't want to end up as the latest phishing attack victims.

This includes never entering credentials after clicking on a link, and instead, always navigating directly to the site you are trying to log in to. 

For organizations, Netskope also recommends using a secure web gateway to detect and block phishing.

This unfortunately isn't the first time that crypto exchanges have been used as part of a ploy by cybercriminals, in fact, these seem to be getting more inventive.

A group of cybercriminals recenty created a deep fake of Binance chief communications officer (CCO) Patrick Hillmann to extort money out of firms, attempting to convince them they were in the running for a listing on the crypto exchange.

  • Want to avoid your organization becoming compromised? Check out our guide to the best endpoint protection


from TechRadar - All the latest technology news https://ift.tt/WFevpqN
via IFTTT

COMMENTS

BLOGGER
Name

Apps,3857,Business,150,Camera,1155,Earn $$$,2,Gadgets,1740,Games,926,GTA,1,Innovations,2,Mobile,1696,Paid Promotions,4,Promotions,4,Sports,1,Technology,7963,Trailers,796,Travel,37,Trending,3,Trendly News,24429,TrendlyNews,1,Video,5,XIAOMI,13,YouTube - 9to5Google,1,
ltr
item
Trendly News | #ListenNow #Everyday #100ShortNews #TopTrendings #PopularNews #Reviews #TrendlyNews: Fake websites are posing as crypto exchanges to drain victim wallets
Fake websites are posing as crypto exchanges to drain victim wallets
Trendly News | #ListenNow #Everyday #100ShortNews #TopTrendings #PopularNews #Reviews #TrendlyNews
http://www.trendlynews.in/2022/09/fake-websites-are-posing-as-crypto.html
http://www.trendlynews.in/
http://www.trendlynews.in/
http://www.trendlynews.in/2022/09/fake-websites-are-posing-as-crypto.html
true
3372890392287038985
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy