Blog | G5 Cyber Security

CryptoRom Crypto Scam is Back via Side-Loaded Apps

Scammers are bypassing Apples App Store security, stealing thousands of dollars worth of cryptocurrency from the unwitting, using the TestFlight and WebClips programs. Theyre leveraging new iOS features to get fake apps onto victims phones without being subject to the rigorous app store approval process. Successful CryptoRom scams have resulted in five-, six- and even seven-figure losses for victims. Last year, the Federal Trade Commission reported that romance scams cost U.S. citizens over 300 million dollars in 2020.”]

Source: https://threatpost.com/cryptorom-crypto-scam-side-loaded-apple-apps/178942/

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