Cyber criminals in ‘gold rush’ to exploit cryptocurrencies

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BetaNews - https://betanews.com/2018/02/01/criminals-exploit-cryptocurrencies/

A new report from risk management and threat intelligence company Digital Shadows shows that cyber criminals are looking to exploit the boom in interest and adoption of cryptocurrencies. The study highlights the most common methods used by these criminal actors, which include crypto jacking, account takeovers, mining fraud and scams against initial coin offerings (ICOs). “Cyber criminals follow the money and right now they see in the unregulated and largely unsecure world of digital currencies a huge opportunity to target people, businesses and exchanges and make money quickly and easily,” says Rick Holland, VP strategy at Digital Shadows. “In many…

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