Phishing is a type of fraud in which an attacker masquerades as a reputable entity or person via email or other communication channels.
Phishers will typically advertise or send you a message with a link to a website that looks completely legitimate but is actually a fake or 'mirrored' version of the real site.
Just a couple of months ago, our own MEW platform was targeted in what has been described as a sophisticated attack known as a phishing automated transfer system.
The attacker was able to phish $150,000 worth of Ether from MEW users.
From experience of managing a cryptocurrency wallet that is widely used by the crypto community, we take phishing attacks very seriously, and very personally.
The three ongoing and key measures we use to fight phishing include actively seeking out attackers, taking down the 'copycats' and working together with a dedicated anti-phishing community.
Our customer support team will sift through our users' questions to see whether their concerns or inquiries are somehow related to a scamming or phishing attempt.
In order to defend yourself properly against phishers, make sure you are taking every precaution possible BEFORE creating a wallet and transferring funds so you are the least vulnerable as possible.
Warn people swiftly and LOUDLY. Let Google know if you encounter any phishing sites or badware.
If you stumble upon or are led to a site that is phishing an online wallet platform you use, let the genuine site creators know.
How to Avoid Getting Caught in a Phish-net of Scams
Published on Jul 13, 2018
by Cryptoslate | Published on Coinage
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