<div class="cryptonews"> 
 <p class="is-style-lead">Cybercriminals deploy new <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> scams using Google ads to redirect users to phishing sites deceptively.</p> 
 <p>A new type of <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> scam has surfaced recently, where scammers are buying ads for genuine <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> websites on Google, and then using URL injection to automatically redirect users to a malicious site once they click on the ad.&nbsp;</p> 
 <p>The founder of DeFiLlama, a popular DeFi data aggregator platform, first reported the scam. According to his tweet, cybercriminals have bought a Google ad placeholder for DeFiLlama, which appears at the top of the search engine when you search from the platform. However, this is not a legitimate ad, as clicking on it leads users to a marketing website, redirecting them to a phishing site.&nbsp;</p> 
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
    <p lang="en" dir="ltr">There's a new crypto scam on google<br><br>Scammers will buy an ad for a proper crypto website on google, with the proper URL<br><br>Then when users click on it they get sent to an ad network (https://t.co/k5azsHhC2s) to track the click, but that network redirects to a scam site instead! pic.twitter.com/YEUYqc9IUk</p>— 0xngmi (@0xngmi) August 23, 2023 
   </blockquote> 
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 <p>What makes the scam more sophisticated is that it won’t always redirect you to a malicious domain. The redirect happens randomly, sometimes on the first click, sometimes after multiple clicks.&nbsp;</p> 
 <p>These scams can open doors to a wide range of cyber threats, such as watering hole attacks, drive-by downloads, and phishing. Hackers can easily deliver malicious payloads on a user’s browser when they visit a malicious domain. Today’s threat landscape is so advanced that malware can be sent directly to your browser cache to exfiltrate sensitive information, such as passwords and credentials.&nbsp;</p> 
 <h2 class="wp-block-heading" id="proactive-vigilance-is-critical-to-fighting-crypto-scams">Proactive vigilance is critical to fighting crypto scams</h2> 
 <p>The <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> community lost over $1 billion last year due to various <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> scams. And scammers are becoming more advanced and intelligent every day. Maintaining proactive vigilance is the only means of defending against these malicious attempts.&nbsp;&nbsp;</p> 
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 <p>As the founder of DeFiLlama suggested, using adblockers is an excellent way to avoid being targeted by ad-based <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> scams. However, the most effective method is increasing awareness. Always double-check the URL of websites, especially before entering sensitive information or conducting <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency transactions. Bookmarking legitimate sites can prevent visiting fake versions. Use browser extensions or web services that flag malicious sites, and keep your browser and OS updated to benefit from the latest security patches.&nbsp;</p> 
 <p>It’s important to regularly educate yourself about the latest scam tactics in the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> community. For users who are invested in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>, multi-factor authentication (MFA) is a must on every <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> account and wallet. Always approach unsolicited offers with skepticism and do thorough research before engaging with any <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency opportunity.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Friend.tech targeted by phishing scam as its volumes grow 
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Cybercriminals launch new crypto scam using Google Ads

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