Social Engineering in Cryptoeconomics
This blog is a continuation of the previous blog that introduces the act of social engineering. It would be wise to read that blog before we can go ahead and explain how social engineering works in cryptoeconomics. Phishing for Bitcoins Social engineering attackers are also targeting cryptocurrency. Researchers at Cisco's Talos security group have identified a malicious advertising campaign they dub Coinhoarder, which appears to be based out of Ukraine and to have netted about $50 million in the past three years, including $10 million alone in the last three months of 2017. For this campaign, which began last February, the researchers say attackers purchased Google Adwords to "poison user search results" and direct them to attacker-controlled phishing sites designed to separate them from their cryptocurrency . "Cisco identified an attack pattern in which the threat actors behind the operation would establish a 'gateway' phishing link ...