Using A Fake BBC News Page, Cybercriminals Managed To Generate Bitcoin

According to research conducted by a British security researcher, he found out that cybercriminals came up with a new scam idea to generate money by deceiving the users on the internet. In today’s bitcoin news we will see how the scam works.

The criminals made money by webpage views after they used BBC’s news webpage as a tool to reroute the users to the main website that will generate bitcoin for the criminals. Actually, the scam works by sending a very convincing email to a certain internet user with a link that directs the users directly to the website that looked exactly like BBC News.

When the users open the email, they get directed to multiple fake BBC websites which generated a certain amount of bitcoin per page view.

This method isn’t a new one. Spoofing has been around many years when many other fraudsters tried to use it as a method to force users to provide confidential information. The difference between the old ones and this spoofing method is the purpose of the scam. Rather than forcing the users to download malware, the scammers only make the users visit affiliate sites.

The criminals used the method of ‘’typosquatting’’ which happens when a URL of a legitimate website is misspelled or a few other letters or characters are added to the URL which will direct the user to a completely different website.

To make the scam even more convincing, the criminals sent out emails from alleged familiar contacts who have had their email addresses compromised.