Home Science & Technology Scams targeting cryptocurrency enthusiasts are becoming more common

Scams targeting cryptocurrency enthusiasts are becoming more common

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Crypto giveaway scam have turned into an illegal segment of the market with many services that are aimed at facilitating fraudulent operations. The rise of fake crypto giveaways can be explained by the greatly expanded arsenal and availability of tools for crypto fraudsters, even with low technical skills.

In this Help Net Security video, Tim Callan, Director of Compliance Sectigatalks about the evolution of phishing scams and how cybercriminals are now innovating to gain access to cryptocurrency wallets.

If you want to learn how to protect crypto assets, check out our video from CSO Kraken.

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