Google Issues Warning about YouTube Cryptocurrency Scam

Hackers are using an old method to pull off a new scam.

Google officials say hackers, claiming to be advertisers, have been writing to people with YouTube channels and offering them sponsorship deals.

However, when victims clicks on the provided link, a program automatically downloads all of their cookies – allowing hackers to get into their accounts without having to sign in.

Once the hackers have taken control of the victim’s YouTube channel, they either sell it to other hackers or use it to promote a cryptocurrency scam, according to Google.

Although Google officials say they’ve managed to reduce phishing scams by 99.6 percent, they’re still warning people to be on alert.

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— Investing.com News (@newsinvesting) October 22, 2021