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    New Phishing Campaign is Now Targeting Coinbase Users

    If you’re a Coinbase user, you are most likely the next target of a new phishing campaign. Cybercriminals have managed to infiltrate two-factor authentication and deploying other social engineering strategies with the crypto currency exchange platform.

    Researchers at PXIM Software have found that the attacks are spoofing Coinbase to trick users into logging in. Once logged in, the threat actors record the login credentials and use the information to drain funds and defraud users of their crypto balances. 

     In a blog post the Research team stated the following, “They will typically distribute these funds through a network of ‘burner’ accounts in an automated fashion via hundreds or thousands of transactions, in an effort to obfuscate the original wallet from their destination wallet,”

    It is very import for your users to spot any potential warning signs from a suspicious email. New-school security awareness training can educate your users on how to spot red flags and report any malicious activity in their day-to-day operations. 

    Threatpost has the full story

    Free Phishing Security Test

    Would your users fall for convincing phishing attacks? Take the first step now and find out before bad actors do. Plus, see how you stack up against your peers with phishing Industry Benchmarks. The Phish-prone percentage is usually higher than you expect and is great ammo to get budget.

    Here’s how it works:

    • Immediately start your test for up to 100 users (no need to talk to anyone)
    • Select from 20+ languages and customize the phishing test template based on your environment
    • Choose the landing page your users see after they click
    • Show users which red flags they missed, or a 404 page
    • Get a PDF emailed to you in 24 hours with your Phish-prone % and charts to share with management
    • See how your organization compares to others in your industry

    PS: Don’t like to click on redirected buttons? Cut & Paste this link in your browser:

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