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Crackdown on Cybercrime: UK Authorities Block 43 Fraudulent Web Domains

Crackdown on Cybercrime: UK Authorities Block 43 Fraudulent Web Domains

UK Authorities Block 43 Web Domains to Combat Phishing Attacks

In an effort to combat cyber fraud, the National Fraud Intelligence Bureau (NFIB) in the United Kingdom has blocked 43 web domains associated with fraudulent activities. Spearheaded by the City of London Police, this crackdown was prompted by the discovery of a spoof email address posing as the legitimate crypto site blockchain.com.

42 Additional Suspicious Web Domains Blocked

Pete O’Doherty, the temporary commissioner of the City of London Police, revealed that upon detection, 42 additional suspicious web domains were also blocked. Examples include “actionfraud.info” and “department-fraud.com.”

Prompt Reporting of Cybercrimes

The NFIB emphasizes the importance of promptly reporting cybercrimes through their official channels and hotline. They urge victims to come forward in order to tackle the ongoing threat. The NFIB has already removed nearly 300,000 malicious websites as of December 2023.

Diverse Tactics Used by Cybercriminals

Various fraudulent schemes use diverse tactics, such as claiming unsuspecting recipients have won prizes like a Tupperware set. Phishing continues to be a persistent threat in the industry, but following best practices for cold wallet usage, protecting seed phrases, conducting regular security audits and updates, refraining from clicking on unfamiliar links, and staying vigilant can help safeguard assets.

Increase in Phishing Attacks

An analysis by Scam Sniffer revealed an increase in phishing attacks in January. Scammers set up more than 11,400 phishing websites posing as platforms like Manta Network, Frame, SatoshiVM, AltLayer, Dymension, zkSync, Pyth, OpenSea, Optimism, Blast, and others. These efforts resulted in the theft of nearly $55 million worth of digital assets across Ethereum Virtual Machine-based networks.

Phishing Scam Accounts on Social Media

A security team from SlowMist discovered that nearly 80% of comments under tweets from prominent projects were phishing scam accounts. It is crucial for individuals to exercise caution and be aware of these scams to protect their crypto assets.

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Crackdown on Cybercrime: UK Authorities Block 43 Fraudulent Web Domains