Criminals are deceiving victims with deepfakes and crypto scams: NortonLifeLock

Scammers deceive unsolicited people with crypto scams and deepfakes to achieve entry to their monetary and private data, says a brand new report by NoronLifeLock. In India, between January and March 2022, Norton mentioned over 18,013,055 threats, 59,907 phishing makes an attempt, and 31,062 tech help scams had been recorded,

In its quarterly revealed Consumer ‘Cyber Safety Pulse Report’, Norton Labs mentioned crypto scams are trending as cryptocurrency turns into extra extensively adopted. The cybersecurity agency tracked over $29 million in bitcoin stolen in 2021 and expects this determine to proceed to rise in 2022 because the crypto market’s worth will increase and scammers capitalise on world occasions, together with the humanitarian disaster in Ukraine to steal donations from philanthropic crypto traders.

Deepfakes are being utilised by dangerous actors to rip-off customers and unfold disinformation. The firm famous that it has noticed deepfakes used to create faux social media profiles, gasoline charity scams and different fraudulent ploys, and unfold propaganda referring to the continuing struggle in Ukraine, along with deepfakes used merely to make humorous movies.

“Scammers are always evolving their tactics to make their attacks look more believable,” mentioned Darren Shou, head of expertise, NortonLifeLock. “Cybercriminals are masters at profiting from deception, so it’s crucial for consumers to be aware of the latest scams and to critically analyse anything suspicious they encounter on the internet, whether on social media or in their inbox. We are here to help consumers navigate a changing digital world where you can’t always believe what you are seeing.”