Brave Browser Adds New Trick to Protect Crypto Users from Phishing

According to a September 8 tweet from Brave, this privacy-based browser has incorporated an open source solution from cybersecurity firm PhishFort. Its purpose is to help prevent phishing attacks – scams that usually involve tricking victims into providing personal information with fake emails that lead to fake websites. Brave states that the company’s software will detect crypto scams and warn users about suspicious domains.

Details on the integration are currently scant, but a PhishFort report from June says that: “when the bounty is as valuable and anonymous as crypto assets and secrets, these attackers quickly loop over and target the most used and most talked about apps. .”

“When you are a crypto user, your username and password are just the beginning of your troubles – and phishers are starting to realize this […] they started exploiting the special tools we use to interact with crypto. “

Anti-phishing companies have helped companies used by crypto holders defend against similar attacks. In April, it helped remove 49 Google Chrome web browser extensions targeting hardware and software wallet holders with phishing scams designed to steal their crypto assets.

Many users have lost millions due to phishing attacks. Cointelegraph reported last week that at least two Electrum wallet holders lost 1,400 and 36.5 Bitcoin (BTC) to a phishing scam, worth $14 million and $365,000, respectively.

Brave continues to be a popular web browser for many in the crypto community due to its privacy and ad-blocking features as well as its Basic Attention Token rewards. As of September 1, the platform had 18.3 million monthly active users.

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