Fake LinkedIn Crypto Job Scams Have Cost $11.8M: Singapore

Read original at Decrypt·

Fake LinkedIn Crypto Job Scams Have Cost $11.8M: Singapore

60-second summary

Malware is being planted during fake LinkedIn crypto job scams in Singapore, resulting in $11.8 million in losses. The malware harvests a session token, bypassing multi-factor authentication to reach a code repository. This sophisticated attack compromises user security, highlighting a growing threat in the crypto industry, where job seekers are increasingly targeted by scammers.

Malware planted during a bogus coding assessment harvested a session token, bypassing multi-factor authentication to reach a code repository.