Cryptocurrency exchange Kraken has warned of an increase in fraudulent recruitment efforts in which fraudsters impersonate corporate staff to extract personal information, payments and access to digital wallets.
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This trend has reportedly escalated further in recent months, prompting new warnings across the industry. According to the report, scammers approach potential victims on LinkedIn, email, and messaging apps with unsolicited job offers, partnership proposals, or opportunities to make money quickly.
Scammers use jobs as new bait
According to the exchange, criminals often use real employee names, profile photos, and cloned job postings to appear trustworthy. Some of these schemes may be rolled out over several weeks. Scammers build trust before making financial or bis_size=”{x:334,y:1471,w:560,h:315,abs_x:334,abs_y:1471}”>
Public social media profiles have made it easier for scammers to customize their approach. Personal information shared online helps impersonators mimic familiar language and interests, increasing the likelihood of engagement.
Check job openings independently
The Kraken currently emphasizes slowing down as the most effective defense. Candidates are encouraged to independently verify job openings through the company’s official website rather than relying on contact details provided by callers or message senders.
Users are also asked not to share passwords, login details, or wallet keys under any circumstances. Manually entering a website URL instead of clicking a link reduces your exposure to cloned sites. Responding to unsolicited messages, such as a simple hello, can verify the target’s contact details and lead to further attacks.
The increasing use of AI-generated content and deepfakes increases complexity as images, profiles, and even audio clips can be fabricated. There is an increasing need to cross-check information with multiple trusted sources before providing personal data.
Expect continued updates as this story evolves.
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