back to article Brainboxes caught opening Bitcoin fraud emails. Seriously, guys?

Cybercrooks have launched a phishing campaign targeting Bitcoin users – and it's enjoying high response rates despite the seemingly random spraying of corporate email addresses with the spam-based scam. Security-as-a-service provider Proofpoint has detected 12,000 messages sent in two separate waves to more than 400 …

  1. JimmyPage Silver badge
    Stop

    Huh ?

    Blockchain certainly have a 2-factor authentication process. When you enter your ID, it sends a code to the email address associated with the wallet.

    So a simple phishing attack won't work.

    1. Jonathan 29

      Re: Huh ?

      I am guessing the people who click on spam are also probably the least likely to have 2fa set up on their account. It isn't mandatory.

      1. JimmyPage Silver badge
        Pint

        Re: Huh ?

        Ah, thanks for that. I set it up, and assumed it was compulsory.

        1. Pascal Monett Silver badge
          Coat

          Usual precaution applies

          Never assume intelligence on the Internet.

          It may happen now and then, but it is not the norm.

  2. Ole Juul

    bit and forth

    . . . there is no way to get anything back . . .

    He's assuming that the crooks themselves hadn't lost any.

  3. Robert Helpmann??
    Childcatcher

    By Design

    Because Bitcoin transactions are irreversible and difficult to trace by design, victims will have little or no recourse but to accept their losses. ...if your Bitcoin wallet is compromised, the contents are gone for ever, and there is no way to get anything back. Unfortunately, this is one of the reasons why Bitcoin fraud is becoming popular.

    Welcome to the wild, wild West! This system was purposefully set up to shut out government eyes, doing away with both the good and the bad of governmental oversight. No surprise that it makes for an awfully tempting target.

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