According to a new report from Kaspersky Lab, which is one of the leading antivirus software platforms, the cybercriminals earned more than $2.3 million during the second quarter of 2018.
The Spam and Phishing in Q2 2018 report also noted that the company prevented almost 60,000 attempts by users from visiting fraudulent and scam web pages which featured popular cryptocurrency wallets and exchanges – from April to June this year.
The crypto scammers worked in a simple way. They earned the funds by luring the victims to send their coins to fake ICOs and token distributions, according to Kaspersky. On top of this, there were websites which were ‘masked’ as popular cryptocurrency services, adopting phishing practices for stealing usernames and/or passwords.
The company’s news release was submitted by Nadezhda Demidova, the lead web content analyst at Kaspersky. As she stated:
“The permanence of attacks targeting financial organizations reflects the fact that more and more people are using electronic money. Still, not all of them are sufficiently aware of the possible risks, so intruders are actively trying to steal sensitive information through phishing.”
The Kaspersky report also demonstrated the reach of phishing scams, where South America and Asia saw the most activity in this area. Brazil was one of the most popular countries for these scams, with 15.51% of all the phishing attacks, followed by Georgia (14.44%), Kirghizstan (13.6%) and Russia (13.27%).
South Korea: Five Arrested In A New Crypto Mining Malware Case Involving 6,000+ PCs
“Because cyber security firms and anti-virus software operators responded quickly to the distribution of mining malware, the group of hackers were not able to generate a significant revenue from their operation. In most cases, anti-virus software detected the malware within three to seven days. If the malware was detected, the hackers sent new malware, but it was detected again by anti-virus software,”Carried into over 6,000 actively used computers, the operation managed to only generate $1,000 in profit in total.
[UPDATED] Crypto Pioneer Charlie Shrem Fights Back The Accusations Of Stealing 5,000 Bitcoins
“Nor can WCF prove Shrem engaged in any misconduct. He did not. Shrem can show by verifiable evidence that he did not take the 5,000 bitcoins WCF accuses him of taking and that they belonged to Mr. X. Shrem, therefore, did not breach any duty to WCF, even if one were found to exist.”Both sides are going to meet in court tomorrow Nov. 8.
Fake Elon Musk Twitter Accounts Promote Bitcoin Scams, One Got Away With $170k
Scandal In Bulgaria: Officials Arrested For Selling Passports In Exchange For Bitcoin
“Peter Haralampiev, Krasimir Tomov, and Mark Stoyov have been arrested for fraud with the issuance of Bulgarian passports to Ukrainian, Moldovan and Macedonian citizens.”The lawyers of the accused officials denied that their clients had anything to do with this fraud but the Prosecutor General, however, demands that the lawyers must provide evidence in order to prove that isn’t the case. The lawyers on the other hand, still haven’t provided the court with reliable evidence. Some people even expected a resignation from the Vice Prime Minister of Bulgaria Valeri Simeonov because of the level of corruption in the agency but he clearly noted that he doesn’t have such intentions. Despite the government officials involved in such criminal activities, 20 other people were detained in Bulgaria for selling passports to citizens in Ukraine, Moldova, and Macedonia while receiving more than $5,000 for a single document. Since Bulgaria is a member of the European Union, the passport allows people to live, travel and work easily in any other EU country without any restrictions unlike the citizens from the above-mentioned countries.
Join us on Facebook
- Bitcoin Cash (BCH) Activates A Hard Fork, Splintering Into (At Least) Two Competing Versions
- ICO Promotion Services | Advertise your ICO | Promo for ICO
- Fundstrat Global Advisors: Bitcoin Will Take Weeks To Repair The Technical Damage
- ECB Board Member: Bitcoin Is ‘The Evil Spawn Of The Financial Crisis’
- 5% Of Moscow Residents Who Use Non-Cash Methods Are Open To Using Cryptocurrencies
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
wed05dec9:30 am5:30 pmDigital Asset Investment ForumExploring the Emerging Asset Class.9:30 am - 5:30 pm The St. Regis Washington, D.C, 923 16th and K Streets, N.W., Washington, District Of Columbia 20006 USA
Altcoin News3 days ago
Australian Exchange Co-Founder: ‘Stablecoins Are A Game Changer’
Bitcoin News4 days ago
Bitmain Releases The Antminer S15 Bitcoin Mining Chip: How It Ranks Among The Competition
Bitcoin News4 days ago
20% Of UK Residents Think that Bitcoin Will ‘Inevitably’ Be As Common As Cash
Altcoin News4 days ago
CEO Of Binance Thinks That Market Is Still In A Good Position, Crypto Volume x2 Larger Than Stats
Blockchain Archive4 days ago
Bitcoin Press Release Distribution Service | DC Forecasts
Altcoin News3 days ago
CFTC With A Fine Of $1.1 Million To Crypto Fraudster
Blockchain News2 days ago
Iran Gets Removed From SWIFT, Considers Switching To Crypto As Planned
Blockchain News1 day ago
Bank Of America Secures A Patent For Crypto Aggregation Systems