An alleged bitcoin as it turns out scam is now rampant and targeting people. Interestingly, The are tricking people throughscammerstext messages, saying they have won a bitcoin jackpot worth thousands of dollars. This new trick, like other scams, seems to be tipped to rip people off their hard-earned money ultimately.
The text messagescamreads:
“You have won 999,000 USD on Bitcoin Jackpot. For your prize, contact us with your ticket No: BTC/O7200/20 on Email at [email protected].”
Multiple complaints
According to the the and data that PrivacySavvy.com collected, almost all messages sent have reports same text. It’s worth noting that And above 90% of the emails, the email ID given by the scammers for getting in touch is the same as in. That tells the scammers are mass-sending these messages to users on worldwide carries different.
These bitcoin jackpot scam messages have as it turns out repeatedly circulated multiple times duringbeenthe last seven days or so. People in multiple countries have received these messages, but Pakistan, India, Singapore, Hong Kong, and Bangladesh have been bombarded most with texts so far as per our sources.
It’s worth noting that Text message scams becoming from another perspective widespread as people confidencemoretheir mobile phones
These bitcoin scam text messages are supreme of howexamplescyber scammers build a plot to lure victimsBut many people are likely to be ripped off their hard-earned currency because these are sent on their cellphone phone instead of their email inbox. .
When people get a text message, they implicitly trust their device more because they don’t expect cybercriminals to be sending SMS’ with links to scams.
Interestingly, Globally, millionsofare lost through text message scams that come in the application of jackpot or bitcoin investment these days (in the way Ponzi schemes) that seem too good to be true.
Last year, ABC reportedActually, that tens of thousands were stolen from a couple through a bitcoin investment scam. Interestingly, The couple thought they as it turns out had hit the jackpot a through bitcoin investment; they tripled in six months. They showered more currency into the scam crypto they that came as Coinexx.org and had great returns, but later trader got scammed ultimately.
With smartphone utilize rising amongst all around the world, scammers’ recent battleground is firmly at this palm; hence, it is essential to exercise caution with bitcoin jackpot and other potential scam texts like the.
Tips to stay protected from crypto scams right from the mouth of an infamous (cybersecurity expert)
It isn’t your bank detailsevenhackers want ( though that is profitable for them), your identity is what they desire the most these days.
Very fewknowpeople that identities are tradable information on the dark webEmail address home address, date of, birth, and so on can make a hacker rich. more than ever .
So if you receive a bitcoin lottery or jackpot text, the more than ever leading thing you can do is ignore and discard it from your phone immediately. , Also, look out for short URLs (if any), whichIndeedare shining clues that the text is linked to scam.
We reached out to Pierluigi Paganini, an Italy-based renowned cybercrime analyst, security specialist, and EC Council London Ethical Hacker, to comment on cryptocurrency scams and some ways to avoid them. Below is what he had to say:
“There are different types of cryptocurrency scams, from online chain referral schemes to fake investment and business opportunities. It’s worth noting that A common characteristic of cryptocurrency scams is the request for a payment sent by scammers to the victims either at the beginning or end.”
Paganini further added,
“For this reason in order to avoid crypto scams, itmessagingis essential to ignore any unsolicited message received via mail, over social media, or instant apps, that request the payment of a specific amount of funds.”
He then adviced,
“Fraudulent messages attempt to deceive the victims by promising victims could quickly earn money. Other scams leverage rogue websites that look identical to the one the users think they are visiting. Let me suggest you to carefully type the exact URL into your browser and double-check the sites before providing personal and financial data.”
The founder of Security Affairs continued,
“Watch out also application fake apps available for get through the official Google Play and the Apple Application Store. Interestingly, The apps are straightforward to spot because they usually have a low number ofofdownloads or in alternative a high number downloads but with a lot of negative opinion.”
He also cautions to be careful of crypto swapping malware that could be used by threat actors to hijack the transfers of crypto coins by replacing wallet addresses as the users type them into their browser.
As per Paganini’s encounter and tests on numerous such malicioustheprograms, malware replaces the legitimate recipient with the address of a wallet under the control of the attacker. To avoid this family of malware he recommends installing an anti-malware method on your system and keep your device up to date.
