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Home»Cryptocurrency»Kaspersky counts number of blocked transitions to cryptocurrency phishing pages in Azerbaijan (Exclusive)
Cryptocurrency

Kaspersky counts number of blocked transitions to cryptocurrency phishing pages in Azerbaijan (Exclusive)

April 5, 20242 Mins Read


BAKU, Azerbaijan, April 5. Kaspersky’s
solutions prevented more than 10,000 attempts by users in
Azerbaijan to go to phishing and scam pages on the topic of
cryptocurrencies in 2023, Kaspersky Lab’s official representative
in Azerbaijan Mushvig Mammadov told Trend.

He noted that the number of cyberattacks in Azerbaijan has
increased recently, and even the Interior Ministry has started to
urge the population to be more vigilant in this regard.

“Attackers are constantly adapting their schemes to the current
news agenda. The topic of cryptocurrencies is one of the most
prominent in the financial sphere. Therefore, fraudsters often bet
on it. All over the world, phishers actively mimic various popular
crypto exchanges. For example, we have seen pages that mimic the
sites of Binance, Bybit, Huobi, and CommEX. Usually, they offer,
for example, to allegedly immediately link a cryptocurrency wallet
to the platform or enter your credentials from the account at the
crypto exchange itself. In 2023, our solutions have prevented more
than 10,000 attempts to transfer users in Azerbaijan to phishing
and scam pages on the topic of cryptocurrencies,” Mammadov
said.

According to him, attackers can use several social engineering
techniques at once: sending letters on behalf of organizations (the
sender’s name is very similar to the official one) or speculating
on a popular topic.

“On scam pages, where users are encouraged to go from the
letters, may refer to well-known personalities. At the last stage
(where attackers offer to invest a certain amount of money to earn
many times more in the future), fake positive reviews of other
participants are placed for persuasiveness. You should always be
careful and double-check information on the Internet, especially
when it comes to easy earnings, shares, cryptocurrency, and
generous payouts,” the official representative of the company
added.

He recommends paying attention to the website address: if the
domain name differs from the original one even by one letter (for
example, “rn” is used instead of “m”), it is a reason to be
wary.

“Check whether all the buttons on the site work; the fact is
that attackers often do not copy the entire site but create one or
more fake pages. It is worth using a reliable security solution on
your device; it will prompt you if the user tries to go to a
phishing resource,” Mammadov concluded.

Stay up-to-date with more news on Trend News
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