Bitcoin Anti-Phishing Working Group

[apwgbitcoin]

The Anti-Phishing Working Group (www.antiphishing.org) is launching a Bitcoin and Cryptocurrency Working Group to help exchanges, wallets and investment funds protect users against phishing.

Companies can submit phishing attacks and malicious domains to the Working Group eCrime Exchange.  This gets incorporated into the blacklists of 70+ security company products and major web browsers within minutes, preventing users from receiving phishing emails and blocking them in their browsers.  It also goes to takedown services who can get those fraudulent sites taken down and potentially prevent new sites from coming up.

APWG has been researching bitcoin and cryptocurrency fraud since 2011 and holds sessions at their eCrime conferences on this topic.

If you are an exchange, or use one, check out the effort:   https://www.apwg.org/cryptocurrency/

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[1715449822]

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[bitperson]

Imagine APWG having a presence here on Bitcointalk Welcome.

[warningsigns]

A most welcome security enhancement initiative for the bitcoin community.

An aggressive blacklisting approach is a good way to combat these phishing attacks. Stopping them is of course a continuous and perpetual effort. As antifraud tools become more sophisticated, so do fraudsters adapt and adjust to find ways to bypass those tools. And this is why it might be impossible to totally eradicate fraud. Scammers will always try to find ways to outsmart the most modern antifraud systems.

And it's nice to see this working group embrace cryptocurrencies in their efforts to protect the public's assets and investments. Threads like this are bad news for scammers. Keep it up and thanks for being a part of the community!