After the Bitcoin faucet became popular and made many people really "rich" that is if they continually keep the coins they gathered from such a very generous offer, bounty hunting came on the scene and it was likewise a proven way to make good money in the cryptocurrency industry. Those were the early days and if you happen to be on that time then I am sure you also experienced phishing which became a very popular way to hack into your wallet.
So what is phishing?
Phishing is the practice of sending fraudulent communications that appear to come from a legitimate and reputable source, usually through email and text messaging. The attacker's goal is to steal money, gain access to sensitive data and login information, or to install malware on the victim's device. Phishing is a dangerous, damaging, and an increasingly common type of cyberattack.
Sadly, I was one of the victims of phishing in those time when I was still so innocent, naive and didn't know much on how to safeguard my account and wallet. How they did it? They sent me a message in Stack that there was something wrong with my MEW wallet and I need to login immediately...unfortunately I clicked the fake link which they provided where I input my details.
Right now, most people in the cryptocurrency industry are already aware of phishing and there are now many safeguard tools that can help us avoid this problem. The most important thing is to be always vigilant and to triple check the site URL you are logging in to make sure it is the legit one.