Friday, August 22, 2014

Bitcoin’s Popularity Boosts Phishing Scam Success


Bitcoin has fired the public imagination so intensely that even non-bitcoin users are falling for phishing scams that dangle the prospect of cryptocurrency riches in front of them, according to new research from digital security firm Proofpoint.


Proofpoint found that thousands of phishing messages disguised to look like emails from a Blockchain.info wallet were sent to addresses with no direct link to bitcoin. This is a departure from typical bitcoin phishing attacks that target known and active cryptocurrency users, according to the security firm.


The new attacks yielded a “staggeringly high” response rate of 2.7% from victims, suggesting that members of the general public were sufficiently attracted by a bitcoin lure to click on the malicious links.



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