Hitechies published an article by Doron Fagelson, DataArt’s engagement manager, warning that phishing is still the most popular form of NFT art cybercrime and discussing how AI can bolster our defenses.
“NFT-related cybercrimes have not only become more numerous; they are getting more complex and sophisticated. NFT art marketplaces must therefore take proactive steps to protect their users from NFT scams and apply equally sophisticated and advanced solutions to oppose these threats. When employed in the right way, AI can play an important role in developing adequate cybersecurity defenses.”
“Today’s scammers are becoming so ingenious in their scam attempts, that traditional security measures just can’t keep up. Cybercriminals leverage various types of attacks, including phishing scams, data exfiltration, automated generation of malicious single-use domains and URLs used to breach NFT platforms, and techniques like cloaking that enable attackers to hide malicious URLs from web crawlers and bypass security defenses.”
“Using the power of inline deep learning capabilities, AI solutions can analyze live traffic as it enters the platform’s network, learn to distinguish between legitimate behaviors and suspicious activities over time, and use that training to prevent cyber threats in real-time. AI-powered solutions can help to mitigate phishing attacks by detecting, analyzing, and preventing access to both known as well as previously unidentified URLs or files if there are signals that they might be malicious or suspect.”
“As cybercrimes targeting NFT art platforms are becoming more frequent and increasingly sophisticated, embracing equally complex cybersecurity solutions to counteract them becomes essential, especially when it comes to spotting and thwarting cyber threats which happen in real-time.”
The original article can be read here.
