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 Crypto phishing scams to rise during holiday shopping season — Cyvers Cointelegraph 03 Dec 2024

Crypto phishing scams to rise during holiday shopping season — Cyvers 🎄

Losses from crypto phishing scams witnessed a significant decline of 53% in November. However, with the Christmas holiday shopping season approaching, there are growing concerns about a potential rise in phishing activities targeting unsuspecting consumers. This period often brings heightened online shopping activity, which scammers might exploit to their advantage, as highlighted by Cyvers.

Cyvers, a firm monitoring such fraudulent activities, has indicated that the increase in digital transactions during the holiday season provides an ideal opportunity for hackers. Therefore, they caution consumers to remain vigilant and exercise caution while engaging in online shopping or cryptocurrency transactions.

Source: cointelegraph.com ↗