Brave, the privacy-based browser, has incorporated open source solutions from cybersecurity firm PhishFort to help prevent phishing attacks, a scam that usually involves tricking a victim into giving up personal information with a fake email that leads to a fake website.
Brave now uses @PhishFort's open source anti-phishing solutions for our in-browser Crypto Wallets to better protect our users. PhishFort's spam list detects crypto scams and immediately warns our users of any suspicious domains. — Brave Software (@brave) September 8, 2020
It has been reported by Brave that the firm’s software would detect crypto scams and warn users about suspicious domains.
However, details about the integration are scant at present, as a PhishFort report from June said:
“When the reward is as valuable and anonymous as cryptocurrency assets and secrets, these attackers quickly iterate and target the most used and most talked about apps. When you’re a crypto-user, your username and password are only the start of your problems — and phishers are beginning to realize this […] they’re beginning to exploit the specific tools that we use to interface with our crypto.”
Likewise, the anti-phishing firm has been helping companies used by crypto holders defend themselves from similar attacks.
Brave is taking measures to prevent crypto wallet holders from losing their digital assets to phishing scams. https://t.co/gqdUBs1NKu — Cointelegraph (@Cointelegraph) September 9, 2020
In April, it assisted in removing 49 Google Chrome web browser extensions which targeted hardware and software wallet holders with phishing scams designed to steal their crypto assets.
Numerous users have already lost millions to phishing attacks.
Thus, Brave continues to be a popular web browser for many in the crypto community for its privacy and ad-blocking features as well as its Basic Attention Token (BAT) rewards. As of September 1, the platform has 18.3 million monthly active users.
Source: Cointelegraph | Image: Omega Underground