Serving as the central agency for federal law enforcement and intelligence in the United States, the Federal Bureau of Investigation or FBI has warned crypto exchanges, digital payment firms, and related entities against serious hacking attacks by intruders. With hackers employing technologically advanced attacking techniques, the FBI found it apt to release an early warning for the concerned parties. The powerful security team of the FBI has raised some significant concerns over the unforeseen risks likely to cause heavy losses in the crypto domain.
According to the statement, hackers are likely to switch to more advanced tactics to easily execute the dwindling of funds from crypto accounts. The intruders might act to be a member of the support team of an exchange, sneak into accounts by tampering with the verification module, or transfer control of the SIM cards of customers. These malicious practices by the hackers are likely to cause whopping losses for crypto exchanges and investors quickly.
The FBI stated that there are multiple ways in which such malicious programmers can connect with the customers to steal their assets. Investors often receive emails from renowned brands luring them to invest money or share account details or visit a given link. When the user clicks on the link, the page asks them to fill in their login details. Such emails are sent to trick the users to steal their information.
In some cases, scammers talk to users impersonating as a person from the technical support team of an exchange. As and when the customer shares their login details, the hackers steal their funds. Sometimes, these people can get access to a victim’s SIM card via service providers. This helps them to receive texts and calls on behalf of the customer. They gain credential information about the investors and attack their wallets. The case becomes serious in the case of cryptocurrencies as it is impossible to trace stolen crypto assets. Investors investing in crypto assets should be cautious when responding to emails or interacting with traders when sharing any details about themselves.
