Social media ‘major Web3 pain point’ as phishing attacks almost doubles: Report

2022.07.08 14:20

Social media ‘major Web3 pain point’ as phishing attacks almost doubles: Report

As Web3 adoption goes further and more beginners enter the space, hackers are becoming more active, with more phishing attacks being recorded in the latest quarter of 2022 and social media being noted as a major platform of choice for conducting the hacks.

In the quarterly report of security firm Certi, the team has found a 170% increase in phishing attacks in the second quarter of 2022. According to the security firm, 106 attacks were recorded in the first quarter, while 290 events were noted in the next quarter.

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