The GreedyBear fraud gang has upgraded the theft of Crypto Assets to an "industrial scale."

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Golden Finance reported that the cybersecurity company Koi Security stated that a malicious operation stole over $1 million in Crypto Assets through hundreds of browser plugins, websites, and malware, combining three types of attack methods. Koi Security researcher Tuval Admoni stated on Thursday that the company has named this malicious group “GreedyBear”, and they “have redefined industrial-scale Crypto Assets theft.” “Most gangs tend to choose a single method—such as focusing on browser plugins, or specializing in ransomware, or operating phishing scam websites—but GreedyBear said: ‘Why not go for all three?’ The result was indeed successful, which is quite astonishing,” Admoni said. The report indicates that the type of attack used by GreedyBear has occurred in the past, but now cybercriminals are deploying more complex multi-layered scams to target Crypto Assets users. Admoni stated that this shows that scam gangs are no longer “just thinking about small-time operations.”

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