Rising Cryptocurrency Scams

Did you know Bitcoin increased in value by almost 400% between October 2020 and April 2021?


Fraudsters follow the money, and with the recent spikes in value and popularity of cryptocurrency it is no surprise that crypto currency email scams are flooding inboxes.


HERE’S WHAT YOU NEED TO KNOW…





WHAT IS CRYPTOCURRENCY?

It’s a digital currency, and it doesn’t exist in a physical form. There's no central control – there isn't a central bank of digital currency. Bitcoin was the first. Ransomware tends to demand payment in Bitcoins.


TOP 3 CRYPTOCURRENCY SCAMS TO WATCH OUT FOR

  • Emails from businesses and government agencies asking for payment in cryptocurrency
  • A person, website, or social media ad that only accepts payment via cryptocurrency
  • Cryptocurrency investment opportunities


TOP 3 TERMS USED IN CRYPTOCURRENCY SCAMS

  • Urgently today
  • Nearest bitcoin machine
  • Day Runs


Have you received any cryptocurrency scam emails? What happened? What did you do? Drop a comment below and share your story.


Do you need help teaching your employees how to spot a scam? Let’s chat.


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