$104M in Cryptocurrency Lost to Phishing Incidents in Nearly Two Months

CRYPTOCURRENCY IN lost M 2024-03-11 76
The Block report reveals the alarming impact of phishing attacks in the first two months of 2024, with a staggering $104 million in losses reported. In January, a single phishing attack resulted in $57.7 million in losses, followed by an additional $46.8 million in losses due to phishing attacks in February. These attacks highlight the increasing threat posed by cyber criminals, and the urgent need for enhanced cybersecurity measures to protect individuals and organizations from financial harm.