Typosquatting examples software#

We have observed regular updates to phishing templates keeping them in step with design changes to the legitimate website. This popularity has made a frequent target for cryptocurrency phishing.

Typosquatting examples software#

We examine several phishing templates targeting cryptocurrencies below.įigure 1: Increase in Bitcoin value over the last year (chart courtesy of )ī is the largest provider of Bitcoin wallets in the world as well as a leading provider of distributed ledger technology - the software platform underlying Bitcoin and many other transactional systems. Not surprisingly, threat actors are now looking at new ways of stealing bitcoins, including through sophisticated phishing schemes. At current exchange rates, one bitcoin is now worth over $2600 USD, although the exchange rate recently exceeded $3000 USD per bitcoin. The mainstreaming of Bitcoin in particular, along with built-in mechanisms for ensuring a reasonable degree of scarcity, has dramatically driven up the value of the currency (Figure 1).

At the same time, the appeal for cybercriminals remains strong, with most ransomware actors requiring payment in Bitcoin and underground markets continuing to operate with a variety of cryptocurrencies. Retailers, online gaming platforms, and more now accept Bitcoin, while major technology players with interests in transactional systems and databases are investing heavily in blockchain. While cryptocurrencies like Bitcoin and Monero were once used largely in underground criminal markets because of the anonymity associated with financial transactions, the user base for these currencies and the underlying blockchain technology is growing rapidly.