Cyber crime cases have increased in the last few years. As the scope of Artificial Intelligence i.e. AI is increasing, cyber criminals are finding new tactics to commit fraud. In such a situation, a crypto phishing scam is trying to defraud people digitally. Fraudsters are finding out sensitive information of users through crypto phishing scams. Fraudsters use the stolen information to steal digital capital.
Digital earnings are stolen through crypto phishing scams
Fraudsters use different methods to steal people’s digital earnings. Fraudsters obtain user information by creating fake websites, fake emails, social media, popular cryptocurrency exchanges and investment firms. Fraudsters lure victims with claims like good returns and then defraud people of their digital earnings.
How do crypto phishing scams work?
Scammers send phishing links to deceive people digitally. Fraudsters send fake emails, phishing links and SMS to people. Along with this, scammers also add malware in those links. After this, as soon as users open the link or email on their device, the malware steals all the sensitive information of the device.
It has been seen in many cases that scammers call by posing as fake customer officers. Next, fraudsters trick people into obtaining digital account information or sometimes digital funds.
In crypto phishing scams, fraudsters often lure users into their trap by offering them some kind of digital advice or making them a good offer to earn digital money. Often users lack information, so they fall into the trap of fraudsters.
How to Protect Yourself from Crypto Phishing Scams
Do not share your digital key information with any unknown person.
Be wary of any unknown links or offers arriving on the device.
If someone claims to be an official of any platform, then verify it before sharing any sensitive information.
To avoid crypto phishing scams, keep strong passwords and two-factor verification turned on on your platforms.
Use a good antivirus on your device. Also, keep your device updated with new software.
If you notice any irregularity online, you should report it on the relevant platform.
