From the course: Practical Blockchain and Cryptocurrency

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Common social engineering attacks against individuals

Common social engineering attacks against individuals - Blockchain Tutorial

From the course: Practical Blockchain and Cryptocurrency

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Common social engineering attacks against individuals

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- So some of the more common attacks that we see in common attack platforms that we see is what we call the Twitter endorsement attack. So Twitter is actually a big, big platform where cryptocurrency attacks happen. See this all the time, is when celebrities are endorsing or promoting cryptocurrencies, they're like, "Hey, you know what? I really like this cryptocurrency. You should like go ahead and invest in that." This is almost like a pump and dump type of technique as well because what happens is everyone will start buying the cryptocurrency and then that cryptocurrency will be unfairly valued, or maybe at that point someone's just like selling it. I've seen it where some celebrity accounts have have been hacked, so it's not even the celebrity that's actually like endorsing that, their accounts just being hacked and someone's just saying like, "You know what? This is a great cryptocurrency. Everyone should like be buying this cryptocurrency." And everyone starts buying this, a…

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