Crypto phishing attacks in November resulted in approximately $7.77 million in losses, according to Scam Sniffer. The number of victims reached 6,344, marking a 137% increase in losses compared to the previous month, despite a 42% decrease in the number of victims. The report highlights that attackers increasingly targeted whale wallets, with the largest single loss amounting to $1.22 million through signature authorization attacks. Although the frequency of attacks decreased, the average loss per incident significantly increased.
Crypto Phishing Attacks Cause $7.77 Million Loss in November
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