🟡Phishing
Monitoring for phishing attacks is essential to mitigate a range of risks, encompassing known scams, approvals of malicious entities, and transfers to unauthorized recipients. Notably, the deployment of known scams constitutes a significant danger, designed to trick users into revealing sensitive information or transferring assets to deceptive addresses. Furthermore, the approval of malicious entities or the transfer of assets to unauthorized parties poses substantial security threats, potentially resulting in significant financial losses or data breaches. Moreover, unauthorized drains on governance contracts through approvals or transfers to malicious entities can compromise the integrity and operational effectiveness of decentralized governance systems.