Bitcoin

Brave adds new tricks to protect cryptocurrency users from phishing attacks

According to a Tweet September 8th, brave, the privacy-based browser has integrated open source solutions from cybersecurity company PhishFort. The aim is to prevent phishing attacks, a scam in which victims are generally tricked into providing personal information with a fake email that leads to a fake website.. Brave stated that the company’s software would detect cryptocurrency fraud and warn users of suspicious domains.

However, details on integration are currently very rare A PhishFort report from June said so:: “When the bounty is as valuable and anonymous as crypto assets and secrets, these attackers iterate quickly and target the most used and popular applications.”

“If you’re a crypto user, your username and password are just the beginning of your problems and phishers are starting to see it. […] You start to use the specific tools that we use to interact with our cryptos. “

The anti-phishing company has helped companies used by crypto owners defend themselves against similar attacks. In April, 49 Google Chrome web browser extensions targeting phishing scams aimed at stealing crypto assets from hardware and software wallet owners were removed.

Brave adds new tricks to protect cryptocurrency users from phishing attacks
Brave adds new tricks to protect cryptocurrency users from phishing attacks

Many users have already lost millions to phishing attacks. Cointelegraph reported last week that At least two Electrum wallet holders lost 1,400 and 36.5 Bitcoin (BTC) to a phishing scam. The losses were $ 14 million and $ 365,000, respectively.

Brave continues to be a very popular web browser for many in the crypto community due to its focus on privacy and blocking advertisements. as well as the rewards for the Basic Attention Token. As of September 1st, the platform had 18.3 million monthly active users.

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