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By default, electrum wallets are randomly connected to a set of Electrum servers. From a privacy perspective, this is not a good thing because it discloses your wallet address and balance to unknown third parties. And unfortunately, many public Electrum servers are run by individuals or groups of blockchain analytics companies or worse. Therefore, if you are using an Electrum wallet, it is generally recommended that you run your own Electrum server and then connect the wallet to that server.

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According to Johnwick.io, we will continue to monitor and track further movement of funds after a recent user submitted a coin-losing incident claiming that the download used electrum wallets had been phishing attacks, losing more than 700 bitcoins, and that the stolen address had been added to the Devi AML system. It is reported that malicious website (electrumsecure) fake Electrum website phishing attacks, to guide users to download the wallet, in order to steal the user's private key and other sensitive data. De-dimensional Security Labs hereby reminds users not to install electrum wallets from unknown sources at will to avoid asset losses. Electrum Official Website: electrum.orgElectrum Phishing Website: electrumsecure.

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Users of cryptocurrencies Wallet Electrum and MyEtherWallet are facing phishing attacks, according to posts posted on Reddit and Twitter on February 4. The MyEtherWallet team has issued a warning about phishing emails sent to users. Electrum also posted a warning on its website informing users that the electrum version, which predies 3.3.3, is vulnerable to phishing attacks. The company warned its users not to download software updates from other sources. (Cointelegraph)

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According to Reddit user u/normal_rc, electrum's wallet was hacked and nearly 250 bitcoins (243.6 BTCs, nearly $1 million) were maliciously stolen, according to coinelegraph. Electrum then confirmed that the attack included creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is a persistent phishing attack on Electrum users" and warned users not to download Electrum from any source other than the official website.