Russian cybersecurity firm Kaspersky has detected more than 1,500 fraudulent entities targeting potential crypto investors and miners just in the first half of 2021.
Kaspersky’s research shows that 0.60% of users from South African countries have already been targeted by malicious crypto miners. The report also suggests that the most common methods of duping unwary users involved false advertisements claiming to sell mining equipment and fake websites posing as crypto exchanges.