About 103 security incidents and 36 phishing scams have been recorded so far since the beginning of the year, according to blockchain security firm CertiK.
These events have resulted in estimated losses of about $480 million, mainly caused by phishing attacks, system exploits, and social engineering methods used by attackers to trick users and access funds.
Meanwhile, this number is higher than what was recorded in late January. At that time, CertiK reported only 40 security incidents and scams, with total losses of about $370 million.
Source: X.com
In a post on X, CertiK listed some of the biggest incidents involving crypto platforms so far this year. Step Finance, a decentralized finance platform that helps users manage their crypto assets, lost about $27 million after attackers gained access to its treasury wallets.
CertiK said that phishing scams were mostly major causes of the losses, which accounted for about $311 million of the total. This is when attackers pretend to be trusted sources, such as customer support, to trick people into sharing sensitive information like passwords or wallet recovery phrases.
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