Hackers Intensify Crypto Scams

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ISLAMABAD
In 2024, as digital financial transactions continued to expand worldwide, cybercriminals shifted their focus toward mobile devices and crypto assets. According to Kaspersky’s new Financial Cyberthreats report, the number of users encountering mobile banking Trojans rose by 3.6 times compared to 2023, while crypto‑related phishing detections climbed by 83.4%.
Kaspersky antiphishing technologies prevented 10,706,340 attempts to follow a cryptocurrency-themed phishing link, an 83.4% increase over the 2023 figure of 5,838,499. As cryptocurrency popularity continues to grow, the number of attacks is only ever going to get larger.
Meanwhile, PC‑focused malware saw a decline in traditional banking attacks but a surge in crypto‑asset theft. This data comes from Kaspersky’s new Financial Cyberthreats report for 2024.
In 2024, online fraudsters continued to lure users to phishing and scam pages that mimicked the websites of popular brands and financial organizations. Banks were the most popular lure in 2024, accounting for 42.6% of financial phishing attempts (compared to 38.5% in 2023).
Amazon Online Shopping was mimicked by 33.2% of all phishing and scam pages targeting online store users in 2024, making it the most popular online brand target for fraudsters. Apple’s share of attacks dropped nearly 3 p.p. on last year’s figure to 15.7%, while Netflix scams grew slightly to 16%. Meanwhile, fraudsters’ interest in the Alibaba marketplace increased, its share going up from 3.2% in 2023 to 8% in 2024.
Payment systems were mimicked in 19.3% of financial phishing attacks detected and blocked by Kaspersky products in 2024 (19.9% in 2023). Once again PayPal was the most targeted brand, however, the ratio of attacks related to it fell from 54.7% to 37.5%. Attacks targeting Mastercard, on the contrary, nearly doubled from 16.6% in 2023 to 30.5% in 2024.