Home Ward Off The Evil Eye In Crypto Phishing

Ward Off The Evil Eye In Crypto Phishing

Share
Share

By Sandeep Kasalkar

 

Ever since we got used doing our business transactions online, and later, more on the Mobile Apps, none of us is perhaps in the dark about what phishing is. However, phishing is indeed a dark world where the online fraudsters burn a lot of midnight oil in devising various schemes to cheat you of all that you have in your bank account.

Since, we know about phishing emails, online payment frauds, and a few types of phishing attacks in the crypto world, let us try to understand more about them.

Pharming attack

Even if the victim enters the right URL, they are still forwarded to a bogus website in this kind of phishing assault.

This is typically accomplished by inserting malicious code into the DNS server which oversees translating URLs into IP addresses. When victims attempt to access a legitimate website, the code will then reroute them to the attacker’s bogus website.

Pharming attacks can be exceedingly challenging to recognize, making them particularly deadly. Even if a victim types in the right URL for their bank’s website, they could still end up on a phoney version of the site that appears exactly like the genuine thing.

Evil twin attack

Public Wi-Fi networks are the target of an evil twin phishing attack. Here is how an attacker operates: They’ll create a phoney Wi-Fi network with the same name as an authorized network. Victims will be asked for their login information when they attempt to connect to the network, which the phishers can exploit to access their accounts.

Voice phishing attack

This kind of phishing, often known as vishing, uses voicemails or voice calls rather than emails. Typically, it takes place over voice-based media including traditional home phone service or voice-over IP.

When conducting a voice phishing assault, the perpetrator spoofs the caller ID to make it seem as though they are phoning from a reputable business, such a bank. When leaving voicemails warning potential victims of fraudulent activity in their bank or credit accounts, phishing scammers frequently use speech synthesis software.

Keep watching this space to know the other types of phishing attacks.

Share

Latest News

$3 Trillion Stablecoin Market Could Lower Interest Rates | 3.0 TV

$3 Trillion Stablecoin Market Could Lower Interest Rates

“As stablecoins climb, rates may fall — a trillion-dollar shakeup is calling all!” Stephen Miran, the governor of the Fed, cautions that...

Zcash ($ZEC) Reaches $600 Mark as Privacy Coin Rally Gains Momentum

Zcash ($ZEC) Reaches $600 Mark as Privacy Coin Rally Gains Momentum

Will Zcash (ZEC) headline the next privacy coin boom? As Zcash rises above $630 and hits its highest price since 2018, it...

Ripple’s XRP Gains ETF Boost: Bitwise, 21Shares and Franklin Templeton Listed on DTCC

Ripple’s XRP Gains ETF Boost: Bitwise, 21Shares and Franklin Templeton Listed on DTCC

Is the Wall Street launch of Ripple’s XRP coming soon? Major firms including Bitwise, 21Shares, Franklin Templeton, CoinShares, and Canary Capital, have...

Stablecoins Revolutionizing Currency, Says Finance Minister Nirmala Sitharaman

“Money evolves, the future calls, Stablecoins rise, breaking old walls.” How are innovations such as stablecoins changing the world financial scene, according...

Latest Blogs

Crypto Security & Best Practices: How To Keep Your Crypto Safe: Everything You Should Know

Crypto Security and Its Importance Digital transformation has created financial opportunities through cryptocurrencies, yet these digital assets present significant security risks to...

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for what’s to come next. Twitter, YouTube, and virtually everyone on...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The investment environment with its extreme volatility has led to changes...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops Within the quickly changing cryptocurrency arena, novel approaches have surfaced,...

Related Articles

Crypto Security & Best Practices: How To Keep Your Crypto Safe: Everything You Should Know

Crypto Security and Its Importance Digital transformation has created financial opportunities through...

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops...