- Hackers are targeting decentralised finance protocols.
- Humans are often to blame.
- Advancements in AI are making hackers’ work easier, some say.
Michael Pearl thought he was being scammed.
The security firm Cyvers’ vice president of strategy told DL News that suspicious characters have approached him at crypto conferences, trying to sell him the moon.
“I have had a few cases where I suspected that I was being socially engineered,” he said.
“A person approaches you telling you a story that is too good to be true — who wants to invest in your company, wants to buy your product, and then they send you a link that seems suspicious.”
Social engineering is a strategy cybercriminals use to trick victims into clicking links laced with…





