Another round of Cyber Threats is witnessed by Cryptocurrency

CryptoCurrency Blogs | IEMLabs

Since the recent increase the price of cryptocurrency, there is an increase in the attacks on the cryptocurrency platform and exchanges conducted by cybercriminals. Bitdefender Antispam Lab researchers have detected a phishing campaign targeting Coinbase platform users to extract their credentials and drain the crypto currency wallet.

Recent attacks on Crypto Currency platforms-

Attacks on crypto currency has increased in the past few months. Attackers are also using Ddos and data theft in addition to phishing and impersonation attacks.

1)      Most recently BlockFi was spammed with abusive language and fake sign ups.

2)      Before this, Tether had suffered a data breach. Also forged documents were identified to be circulated online.

3)      Massive DDos attack was suffered by EXMO which caused temporary suspension of services

Due to the increasing attacks, internet users should be careful of all kind of threats and be wary before signing in to any website.

By Hrithik Lall

IEMLabs is an ISO 27001:2013 and ISO 9001:2015 certified company, we are also a proud member of EC Council, NASSCOM, Data Security Council of India (DSCI), Indian Chamber of Commerce (ICC), U.S. Chamber of Commerce, and Confederation of Indian Industry (CII). The company was established in 2016 with a vision in mind to provide Cyber Security to the digital world and make them Hack Proof. The question is why are we suddenly talking about Cyber Security and all this stuff? With the development of technology, more and more companies are shifting their business to Digital World which is resulting in the increase in Cyber Crimes.

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