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FBI warns of NFT airdrop scams targeting Hedera Hashgraph wallets. The FBI is warning about a new scam where cybercriminals exploit NFT airdrops on the Hedera Hashgraph network to steal crypto from cryptocurrency wallets. Airdrops are a method of distributing cryptocurrency tokens for free to wallet addresses, usually as part of a marketing, community growth, or reward campaign, but they are also used as bait for scams. "The Hedera Hashgraph is the distributed ledger used by Hedera. The airdrop feature was originally created by the Hedera Hashgraph network for marketing purposes; however, cyber criminals can exploit this tactic to collect victim data to steal cryptocurrency," explains the FBI advisory. In the attacks targeting wallets on the Hedera Hashgraph network, the threat actors send unsolicited NFTs or tokens to users' wallets with memos prompting users to click on a URL to claim their reward. Clicking the link takes victims to phishing sites or dApps that ask them to input sensitive information like account passwords and wallet recovery seed phrases. The attackers can then use this sensitive information to hijack the victim's wallets and empty them. Hedera Hashgraph is a distributed ledger technology (DLT) and public network, similar to Ethereum and Bitcoin, but built on a fundamentally different structure called a hashgraph rather than a blockchain. Unlike blockchains that store data in sequential blocks, hashgraph uses a gossip protocol and virtual voting to achieve consensus, allowing for faster, more scalable, and more energy-efficient operations. This technology was introduced in 2018 as a next-generation distributed ledger aiming to overcome the limitations of conventional blockchains, and scammers have started to target it more as its popularity and adoption rise. FBI says that fraudsters currently promote their fraud campaigns beyond the unsolicited NFT airdrops, including phishing emails, social media advertisements, and fake websites. Protection advice When receiving airdrop alerts, it is advisable to always verify their legitimacy with the official source before engaging. Verify using the official customer service number/email address, and never the ones listed on emails, as those could direct the communication to the scammers. During the NFT claiming or minting process, it is crucial never to share passwords, seed phrases, or one-time passwords (OTPs), unless you initiated contact. Finally, cryptocurrency accounts should be regularly monitored for signs of unauthorized activity/transactions and suspicious login attempts. If you suspect you have been compromised by scammers, it is advisable to contact your account providers and report it as soon as possible. Then, report the incident to the FBI's Internet Crime Complaint Center (IC3) with details such as cryptocurrency addresses and transaction information (ID, date, amount). Why IT teams are ditching manual patch management Manual patching is outdated. It's slow, error-prone, and tough to scale. Join Kandji + Tines on June 4 to see why old methods fall short. See real-world examples of how modern teams use automation to patch faster, cut risk, stay compliant, and skip the complex scripts.

Daily Brief Summary

CYBERCRIME // FBI Issues Alert on NFT Airdrop Scams Targeting Cryptocurrency Wallets

The FBI has issued a warning about new cyber scams involving NFT airdrops on the Hedera Hashgraph network.

Cybercriminals are distributing fake NFTs and tokens to wallet addresses, tricking users into visiting phishing sites.

Victims are deceived into submitting sensitive information such as passwords and wallet seed phrases, leading to wallet hijacking and theft.

Hedera Hashgraph, differing from traditional blockchain technology, uses a hashgraph system for faster and more efficient operations.

Scammers utilize multiple channels including phishing emails, social media ads, and fake websites to promote their fraudulent schemes.

The FBI advises verifying the legitimacy of any airdrop alerts through official channels and never sharing sensitive credentials.

Regular monitoring of cryptocurrency accounts for any signs of unauthorized access or transactions is recommended.

Victims of such scams should contact their account providers and report the incidents to the FBI's Internet Crime Complaint Center.