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Government regulation is key to minimizing the misuse of cryptocurrencies for cybercrime, says Brett Johnson, a longtime cybercriminal who now consults on ways to prevent crime.

New public cloud security report detects a spike in cryptojacking, mismanaged cloud storage, account takeover, and major patches getting overlooked.

As the popularity around cryptocurrency has continued to boom in 2018, it has also tempting target for cash-hungry scammers to launch “cryptocurrency giveaway scams.”

Amid an accelerating popularity of cryptocurrency, millions of online users have been running the risk of being left high and dry since the cybercriminals have started unleashing a huge threat with crypto jacking.

Monitoring cyberthreats over time reveals interesting insights into the strategies used by cybercriminals and the evolution of the attack vectors they target. While the threat landscape continues to be quite diversified, trends do seem to run in predictable cycles.

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