Cyber Criminals seems to have changed their ways of attacking by launching silent stealing attacks in which they siphon digital currency in smaller amounts that is equivalent to £10 or less.
This strange, but true behavior was detected by the Royal United Services Institute (RUSI) in a survey conducted on how the hackers were indulging in stealing techniques.
A security expert monitoring the currency stealing campaigns digitally says that cyber crooks are stealing smaller amounts from victims, but targeting many of them to make their cash bells ringing.
Stealing lesser amounts doesn’t make the law enforcement radar focus on them, and that is why they are reportedly involved in these silent stealing techniques. And with data breach related information available easily for sale online, it takes criminals few pennies to gather large amounts of personal information to craft phishing campaigns.
For instance, in September 2020, during the course of a nationwide lockdown in UK, cyber crooks launched digital frauds, stealing currency of less than £10, but making up £7500 with each campaign launched on a weekly note.
If this continues, the fraud has the potential to become a national security priority, with the Boris Johnson taking the case on a much more serious note.
Cybersecurity experts from Kaspersky are urging people not to over-share their details online, as that could give leads to fraudsters to launch social engineering related cyber attacks. This applies to those who share more data than intended (Like DoB, names, addresses, and Contact info) on various social media platforms like Facebook & Twitter.