Security Nudge. Cryptocurrency Investment Fraud Risks. Sponsored By CybSafe.

Cryptocurrency is big business, but it has also become a magnet for cyber criminals who see it as an easy way to make quick money. For example, hackers recently compromised the website of global toy giant Lego, adding ads promoting something called LEGO Tokens and featuring links to help victims invest in the tokens. You guessed it: the tokens were fake, and the money disappeared. Cryptocurrency investment fraud is happening so often that the practice, which is known as ‘pig butchering’, is sucking tens of millions of dollars from victims every year. The problem has gotten so bad that the FBI recently created its own fake cryptocurrency, called NexFundAI, to expose and shut down the networks of criminals that profit from such schemes, then launder the money to make it seem legitimate. As always, stay vigilant and be skeptical about any offer you see online – because if it looks too good to be true, it probably is. And when it comes to crypto investment schemes, the only ones winning are the criminals. The 60-second "Security Nudge" is brought to you by CybSafe, developers of the Human Risk Management Platform. Learn more at https://cybsafe.com