Russian cybersecurity firm Kaspersky has detected more than 1,500 fraudulent entities targeting potential crypto investors and miners just in the first half of 2021. Kaspersky’s research shows that 0.60% of users from South African countries have already been targeted by malicious crypto miners. The report also suggests that the most common methods of duping unwary users involved false s claiming to sell mining equipment and fake websites posing as crypto exchanges. Kaspersky’s data based on anonymized statistics revealed that 0.85% of crypto investors from Kenya and 0.71% Nigerians were targets of crypto-miner malware, while investors from Ethiopia (3.68%) and Rwanda (3.22%) faced the most number of threats in this regard. Bethwel Opil, Africa’s enterprise sales manager at Kaspersky, warned that the low percentages do not mean that the threat is insignificant: