“Social engineering” is exploiting human trust and emotions to steal cryptocurrency. 🚨 Let's learn and protect your assets!#crypto#security #socialengineering

1️⃣ What is social engineering?

- Social engineering is the use of psychological tricks to exploit human weaknesses. The goal is to trick others into revealing sensitive information or taking actions that benefit the fraudster.

2️⃣ How it works:

- Information gathering: Attackers search for personal information, preferences, and weaknesses of the victim.

- Building trust: The attacker pretends to be a customer support person, a crypto enthusiast, or even a lover.

- Taking advantage of the victim: The attacker uses many strategies to trick the victim into performing unsafe actions.

3️⃣ Common types of social engineering attacks:

- Phishing: Sending fake emails, messages or websites to trick victims into revealing personal information.

- Impersonation scam: Attackers pretend to be representatives of famous cryptocurrency projects, important industry figures, or friends and family.

- Romance scams: Attackers create fake profiles on dating apps or social media platforms, building an online relationship with the victim.

4️⃣ How to protect:

- Build knowledge about common socio-technical impacts.

- Enable two-factor authentication (2FA) on all cryptocurrency-related accounts.

- Use strong, unique passwords for each account and change them periodically.

Let's share our experiences and ways to protect ourselves against social engineering attacks!#crypto#security #socialengineering