Security Experts Warn Bitcoin Users After Recent Spate of Attacks

The gradual increase in popularity of Bitcoin over the last 12 months has been great for those who jumped on the bandwagon back in 2009. However, as with all industries that start to gain some coverage in the mainstream media, security has now become an issue for Bitcoin business owners and users.

Although the industry has never been impervious to attacks from cybercriminals, a recent spate of incidents has prompted some security experts to issue a warning to the cryptocurrency world. Noted by a number of security firms, a new wave of phishing scams appears to be targeting Bitcoin users.

Phishermen Using Bitcoin as Bait

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green line” (CC BY 2.0) by  Jay Erickson 

It’s estimated that approximately 100 phishing and typosquatting sites, targeting Bitcoin users, have been set up since the start of 2016. Essentially, criminals are looking to exploit the growth in Bitcoin through the use of websites that trick people into giving away their personal details.

The most recent example of this surge in Bitcoin deception is blockchain[.]info. Designed to be a malicious mirror site to the legitimate and popular, this phishing site came to the attention of security teams after the domain started to gain increased

Read more ... source: TheBitcoinNews