Deepfakes and Crypto scams on the rise: Norton Cyber Safety report

Crypto scams are additionally trending as cryptocurrency turns into extra broadly adopted. Norton Labs tracked over $29 million in bitcoin stolen in 2021 and expects this determine to proceed to rise in 2022 because the crypto market’s worth will increase and scammers capitalise on world occasions, together with the humanitarian disaster in Ukraine to steal donations from philanthropic crypto traders. New threats emerge as cybercriminals mix ways. By presenting lifelike disinformation by way of deepfakes in a phishing rip-off that collects cost in cryptocurrency, a client would have little to no recourse.

“Scammers are all the time evolving their ways to make their assaults look extra plausible,” says Darren Shou, head of know-how, NortonLifeLock. “Cybercriminals are masters at taking advantage of deception, so it’s essential for shoppers to concentrate on the newest scams and to critically analyse something suspicious they encounter on the web, whether or not on social media or of their inbox. We’re right here to assist shoppers navigate a altering digital world the place you possibly can’t all the time consider what you’re seeing.”

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