Kaspersky Lab said in a report that they had prevented over 100,000 crypto theft attempts since the beginning of 2018. The experts from the firm tracked 1,000 Ethereum wallets where users were scammed to transfer over ETH 21,000, which is the equivalent to about $10 million based on current rates. The report also highlights phishing as another act quite popular to get probable investors email address and then send them an official mail to transfer funds to criminals accounts. The study also states that the success of cybercriminals is dependant on the skillful exploitation of the “human factor.”

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