Cyber Fraud Do not know how many cyber frauds have happened in today's time. The one thing that expects the most profit, the most risk lies in it. Something similar is happening with cryptocurrencies. In fact, the demand for cryptocurrencies has suddenly increased in the last few years. The reason for this has been strong returns. However, now cryptocurrencies have emerged as the biggest reason for cyber fraud.
According to sources, it has been learned that cryptocurrencies have emerged as the main reason for about 79 cyber frauds happening around the world. According to the report, cryptocurrency is believed to be the reason behind the cyber frauds that took place in the last 18 months.
During this period, the highest ransom was collected through cryptocurrencies in the world. It is led by Cont and REvil ransomware attackers. In such a situation, people have been advised to be careful while trading cryptocurrencies on behalf of the research report. Failure to do so may result in heavy losses for you.
Incidents of extortion from cryptocurrencies increased
According to global cyber security firm Sophos, cryptocurrencies are acting as fuel for cyber fraud. Cryptocurrencies have led to worldwide ransom incidents and malicious cryptomining. According to experts, cryptocurrencies need to be better regulated in order to sell this.
According to a report, with the rapid increase in the price of bitcoin over the past year, cyber attacks related to the cryptocurrency have also increased. Between October 2020 and May 2021, there has been an increase of 192 percent in cryptocurrency-related email cyber attacks. Hackers use bitcoin during extortion.
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