Malwarebytes warned of an increase in the number of phishing attacks through fake cryptocurrency airdrops

The most popular project among scammers is the Bored Ape Yacht Club

04.05.2022 - 12:10

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What’s new? The number of phishing attacks through fake airdrops has increased, according to Malwarebytes Labs, a cybersecurity company. The most common phishing tactic involves the use of fraudulent websites that mimic real companies or NFT collections. Most often, attackers fake the Bored Ape Yacht Club (BAYC) project.

Source: Twitter.com

What else does the report say? Malwarebytes also warns of an increased number of fake Twitter accounts with a large number of followers who steal wallet data using fake airdrops. The company advised against leaving one’s details on suspicious sites.

What is an airdrop? It is a marketing strategy in which cryptocurrency is distributed to users in order to promote a token. Sometimes to participate in an airdrop, it is necessary to subscribe to the project’s account or repost its publications.

What happened before? PrivacyHQ, an analytics company, reported that half of NFT holders lost access to at least one of their tokens. 16% of marketplace users had been hacked.

In April, the MetaMask team warned of phishing attacks on Apple’s cloud storage service, iCloud. The developers advised against storing wallet data and passphrases in such services.

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