Phishing

Security Breaches Hit Crypto Hard: $313 Million Stolen in August, Phishing Emerges as Top Threat

September 2, 2024
The cryptocurrency industry was hit hard by a spate of cyberattacks, leading to significant financial losses last month.  A recent report from PeckShieldAlert revealed that over ten major hacks occurred during the month, resulting in approximately $313.86 million in stolen funds. Approximately 93.5% of the total theft came from two large-scale phishing attacks, which together