On this video for Assist Web Safety, Nick Ascoli, VP of Risk Analysis, PIXM, discusses a multilayered phishing marketing campaign focusing on cryptocurrency change Coinbase. Attackers are sending out spoofed Coinbase emails to reap private credentials and use them to log into customers’ legit accounts in real-time.

How the Coinbase phishing assault works

The attackers current customers with a notification that their account wanted consideration as a consequence of an pressing matter (ex: locked account, transaction affirmation). Customers had been prompted to enter login credentials and a 2-factor authentication code into the faux web site.

With the newly obtained private data, the scammer instantly beneficial properties entry into customers’ legit classes on the coinbase web site.

This assault is centered round three core strategies and is patently totally different from different phishing attacks tracked by PIXM in the best way that domains keep alive for terribly brief durations of time:

  • Quick llved domains
  • Context consciousness
  • 2-factor relay

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