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As crypto prices soar, cyber criminals target exchanges
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economictimes.indiatimes.comZebpay, one of the country's oldest and largest cryptocurrency exchanges, experiences about two Distributed Denial of Service (DDoS) attacks when cyber criminals overload the exchange's systems to disrupt service or snoop for a vulnerability in the platform's defences. That's the simple part. Zebpay and other prominent exchanges have discovered that the most serious security threat they face daily is sophisticated criminal frauds that combine social engineering with computer intrusion. Criminals are impersonating or spoofing social media identities in order to deceive consumers into giving them access to their cryptocurrency wallets.
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Indians' investments in crypto grew from about $200 million to nearly $40 billion
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