Home » NFTs cyber risks shouldn’t be ignored, says expert

NFTs cyber risks shouldn’t be ignored, says expert

by LLT Editor
28th Feb 22 7:45 am
A whopping $1.7 million in NFTs were stolen in an apparent phishing attack on OpenSea users recently. Meanwhile, Monzo is also experiencing its own ‘phishing’ issues.
 
David Mahdi, CSO at Sectigo, and former Gartner digital identity ‘legend’, thinks ‘phishing’ thinks the new world of NFTs, crypto and digital banking wil exacerbate ‘old’ attack vectors.
“Criminals are getting smarter and can still gain results from older, proven attack vectors. In case of a phishing attack, it is no longer enough to watch out for crudely worded emails – recipients must also consider context, content and sender, particularly if financial transactions are involved,” he said.

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