CryptophishingscamscontinuetodrainwalletsasarecentincidentinvolvesafraudGoogleadfor“Soneium.”Theadleduserstoafakewebsiteandpotentiallytrickedthemintoconnectingtheirwallets.

Analystsexplainstrongersecuritymeasuresforprotectionagainstphishingscams.

SoneiumphishinglinkpostedonGoogle

ScamSnifferrevealedinapostonTuesdaythat“Soneium”onGooglehasbeenpostedasaphishingad.Theadwasasponsoredpostandwilltaketheuserstoafakewebsite.Itwouldtrickusersintoconnectingtheircryptowalletandsigningafraudulenttransaction.Aftertheysignedit,thescammerswouldgainaccesstotheirwalletsandstealtheirassets.

⚠️SearchedforSoneiumonGoogle,clickedaphishingad.
Afterconnectingyourwalletandsigningaphishingsignature,yourassetsdisappeared…😱💸pic.twitter.com/5Hpi9OTZ4S

—ScamSniffer|Web3Anti-Scam(@realScamSniffer)October22,2024

Phishingattemptswherescammersattempttohackcryptowalletsthroughfakeadsorwebsitesarefairlycommon.Othermethodsthatscammersusecouldincludepyramidschemes,rugpulls,andsettingupfraudexchanges.However,phishingattemptsaremoreconcealed.Usersmightthinkthattheadorwebsitebelongstoatrustedoperator.

AseriesofresearchbyCheckPointunderlinedthatscammershavebeenusingfakeairdropcampaignsandcounterfeitwebsitestoappearasauthenticblockchainplatforms.Thereportfindsthatgroupslike“AngelDrainer”providetoolsforwalletdraining.Inthepast,similargroups,likeInfernoDrainer,werereportedlyshutdown.

ThereportshowsthatMicrosoftwasthemostimitatedbrandinphishingscamsinQ32024.Microsoftaccountedfor61%ofsuchattacksinthequarter.Apple(12%),Google(7%),andFacebook(3%)arenextonthelist.Sector-wise,techisthemosttargetedindustryforimitation,followedbysocialnetworksandbanking.

Cryptophishingattemptscontinuetodrainwallets

Notably,therehasbeenariseincyberattacksinQ32024.Onaverage,eachorganizationreportedlyfaced1,876cyberattacksperweek.Basedonresearch,thefigureisa75%increasesince2023.Theeducationandresearchsectorwashithardestwith3,828weeklyattacks.Regionally,Africahadthemostattackswitha90%year-on-yearincrease,averaging3,370perweek.

Meanwhile,ScamSniffer’slastreportfoundthat10,000victimslostaround$46milliontophishingscamsinSeptemberalone.TheanalystcitedMistTracker’sfindingandreportedthattopphishingscamsoccurredthroughlinksfromfakeXaccounts.

Googlephishingadswerereportedlythenextmajorsourceoftheseattacks.

CheckPointemphasizesthatusersverifyemailsources,avoidsuspiciouslinks,andusemethodslikemulti-factorauthentication(MFA)forprotectionfromphishingattempts.ScamSnifferunderlinesthatusersneedtooptimizephishingsignaturedisplaysforfurtherprotection.Healsocallsforintegratingphishingdomainsandaddressblocklistsforadditionalsecurity.

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