Cybercriminals Hit Threads and Encourage Users to Buy With Fake Crypto

by time news

2023-08-02 10:24:58

The inauguration of Threads, Meta’s new social network, was attended by cybercriminals who took advantage of its launch to distribute malicious campaigns in which victims are encouraged to cbuy fake cryptocurrencies and invest large amounts of money to get thousands of followers for free, according to Europa Press.

Threads is a ‘microblogging’ application with which Mark Zuckerberg seeks to compete with the current X -before, Twitter- and that has already reached more than 100 countries, where users can use it on both iOS and Android devices. In Spain, on the contrary, it has not yet arrived. With its launch on July 5, researchers from Kaspersky -an international company dedicated to computer security- have discovered that, due to the expectation generated by this service, which already has more than 100 million subscribers, cybercriminals have taken advantage of the situation for distribute different malicious campaigns.

According to experts, the objective of these is to convince users to provide your login credentials. Considering that Threads is linked to other Meta services, such as Instagram and Facebook, it poses a danger to users, since they would be exposed to cybercriminals. both the data of this social network and that of its other platforms. In addition, this linking of accounts also poses risks to corporate finances, since many companies use them to launch advertising campaigns with ‘online’ payments, according to Kaspersky.

One of the scams detected with the launch of Threads has been that of the cryptocurrency trading. Specifically from Threads Coin, which supposedly drives this social network and offers improvements between the physical and digital world within the metaverse. These coins do not existso that users acquire false assets through Ethereum – a platform that executes smart contracts – believing that they will later recover their investment, when in reality they end up in the hands of cybercriminals.

New strategy to scam users

They have also found a new way to defraud users and that is by offering the possibility of generate followers in Threads for free. In this way, you can opt for 10,000, 25,000 or 50,000 followers. Once the desired amount has been chosen, the user is asked to verify it by sending an SMS, which includes the possibility of winning a prize. To claim it, a payment is requested and received by malicious actors.

Olga Svistunova, a Kaspersky security expert, says that from this company specialized in cybersecurity solutions they insist that “in order to stay protected, you have to be wary of and analyze any suspicious activity, taking the pertinent security measures against this type of threat.” Therefore, it is advisable to be Be cautious when downloading ‘software’ Internet, verify that the download site is legitimate, use a strong and unique password for each service, and pay special attention to suspicious links and emails.

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