Security News > 2022 > August > Phishing campaign targets Coinbase wallet holders to steal cryptocurrency in real-time

In this video for Help Net Security, Nick Ascoli, VP of Threat Research, PIXM, discusses a multilayered phishing campaign targeting cryptocurrency exchange Coinbase.

Attackers are sending out spoofed Coinbase emails to harvest personal credentials and use them to log into users' legitimate accounts in real-time.

The attackers present users with a notification that their account needed attention due to an urgent matter.

Users were prompted to enter login credentials and a 2-factor authentication code into the fake website.

With the newly obtained personal information, the scammer immediately gains access into users' legitimate sessions on the coinbase website.

News URL

https://www.helpnetsecurity.com/2022/08/04/coinbase-phishing-video/