Phishing Scams

2021-09-27

One of the most important things with crypto is to avoid theft and fraud.
Having received security training, I have been thinking about what individuals can do to be more careful when staking. I am going to share with you some of the things that may help you in your daily life. It is easy to think, “Oh, that is obvious and I am safe." but it seems that a few people get scammed every time. I thought that just being aware and mindful of this on a regular basis would help you feel safer.


Common security incidents

It seems that the most common security incidents in companies are email related.

Misdirection: sending materials for a different customer to a different customer, or to the wrong address. The result is a loss of trust in the company.

Phishing scams: fake emails lead to fake websites (pretend your password has expired, etc) to steal important personal information. As a result, personal information and important passwords are in the hands of third parties.

The common denominator is that it happens from trivial things, and the effects are direct and significant.
Multitasking should be avoided late at night when you are fatigued.

Example

We often hear about phishing and give-away scams related to crypto assets.

  1. Most common case is via email, but as well as via SNS, you can get asked to fill out your email address and password combination information, which you reuse with other platform.
  2. Asked to send asset by saying that “it will be doubled", and after all not returned.

How can we avoid?

  1. When you receive an email from someone you do not know, do not even open it or click on the URL.
  2. Make sure that the sender is a trustworthy person. For example, even if the sender claims to be a credit card company, you may notice something is wrong if you look at the sender’s address carefully.

Cardano

  1. Be careful if you are being led to transfer large amounts of assets.
  2. As it is stressed when you create a wallet, do not to share your wallet’s recovery phrase with others.

Be sure to check out the official blog “Cyber Security Guidelines for Cardano Users" regarding the handling of restore phrases and phishing scams.

Related information sites

Cybersecurity guidelines for Cardano users