Blog Layout

Don’t Fall For This Cryptocurrency Giveaway Scam

sccomputerguys • Oct 04, 2021

You know you've hit the Big Time when you get a scam named after you. That's exactly what has happened to Elon Musk. The latest scam that's making the rounds is called the "Elon Musk Mutual Aid Club" or the "Elon Musk Club" for short.

If you're an experienced IT professional it is easy to be dismissive of things like this. Few seasoned professionals ever fall for these scams after all.

The truth is that the scammers running these plays have made hundreds of thousands of dollars a day doing it. There are enough people on the web who are susceptible to the social engineering tricks they employ that the scammers can count on regular paydays.

Most scams of this variety have played out in something close to real time on a variety of social media channels. The drama of the Elon Musk Club however is playing out in email accounts around the world.

Although this scam invokes the name of Elon Musk and leverages his cult of personality to entice recipients the scam itself is pretty straightforward. It begins with a phishing email that includes a descriptive and enticing tag line. It reads something to the effect of "Get Free Bitcoin via the Elon Musk Club" or "Join the Elon Musk Club" or similar.

The scammers didn't waste any time trying to come up with a convincing message for the body of the email. It simply contains a link that points the way to a poisoned website.

This page promises to give you 0.055 to all users who participate. The page contains an "Accept an Invitation" button which brings you to an information capture page. Just give your information away (including a photo of yourself) to sign up!

Except of course when you do you're just handing personal details to the hackers. What is worse is that before you can get your 0.055 you've got to donate 0.001 Bitcoin to another member of the club (supposedly chosen at random).

Naturally when you give the Bitcoin away you never get anything back and the scammers walk away with a tidy sum. Don't fall for it.

By sccomputerguys 22 Jul, 2022
Do you own one or more of the following products made by Cisco? The RV110W Wireless-N VPN Firewall The RV130 VPN Router The RV130W Wireless-N Multifunction VPN Router The RV215W Wireless-N VPN ...
By sccomputerguys 21 Jul, 2022
Do you use Microsoft Teams?  If so, you'll be thrilled to know that the Redmond Giant is continuing to pour resources into improving the software with a specific focus on audio and ...
By sccomputerguys 20 Jul, 2022
Corporate branding can be worth its weight in gold and certain images are absolutely iconic.  The Golden Arches, the Nike "swoosh," and Apple's Apple all come to mind. Logo images give companies ...
By sccomputerguys 19 Jul, 2022
Remember the Heartbleed scare we had a couple years back?  It was a nasty side-channel attack that was somewhat exotic and difficult to pull off, and it was absolutely devastating and sent ...
By sccomputerguys 18 Jul, 2022
Microsoft Exchange servers are once more in the crosshairs of hackers around the world.  Most recently, hacking groups have been specifically targeting them to deploy BlackCat ransomware. As is common among ransomware ...
By sccomputerguys 16 Jul, 2022
If you grew up in the days before the internet, it's absolutely staggering to think of all the ways that mobile technology has changed our lives (and mostly for the better). Remember ...
By sccomputerguys 15 Jul, 2022
It may seem as though Internet Explorer is the browser that will not die, but according to Microsoft, it is now a step closer to breathing its last virtual breath. Microsoft has ...
By sccomputerguys 14 Jul, 2022
If you're involved with IT Security at any level and if your network includes Linux servers, keep a watchful eye out for the new Panchan botnet. It first appeared in the wilds ...
By sccomputerguys 13 Jul, 2022
These days, companies spend significant sums of money to protect themselves from cyber criminals.  The threat matrix is vast, and attacks can come from almost any quarter. That is why many companies ...
By sccomputerguys 12 Jul, 2022
Do you receive healthcare of any kind from Kaiser Permanente?  If so, be aware that they recently published a data breach notification indicating that an unidentified attacker accessed an email account that ...
More Posts
Share by: