Various Online Scams are Gaining Traction in the Crypto and Financial Space

Some of the latest attacks 

• OpenSea was targeted by an aggressive phishing attack. The attackers hid in the crypto platform’s Discord server and impersonated legit OpenSea employees to steal NFTs and cryptocurrency.
• Scammers are taking advantage of the Pandemic Unemployment Assistance by stealing identities and making a revenue of $20,000.
• Threat actors swindled the town of Peterborough out of $2.3 million via two BEC scams.
• The increased volume of online shopping gave birth to a new trend in which hackers are imitating parcel delivery firms. While initially Hermes and Royal Mail were the most common targets, attackers have started including the Post Office in their attacks.
• A recent extortion scam capitalized on the Pegasus iOS spyware attacks. The attackers scared people into paying a blackmail demand.
• The FluBot scam is targeting Android phones with garbled texts and ghost calls. The texts contain a malicious link that leads users to lose money and contacts.

Some stats your way

• Last year, U.K customers suffered losses of £479 million ($659 million) to online scammers leveraging COVID-19 vaccinations, missing deliveries, and lockout penalties.
• DeFi hacks accounted for the most volume (76%) of financial hacks in the first half of 2021.
• Last year, 50,176 reports of fraud were registered across the world.

The bottom line