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.
More than one in three health care providers have been hit with a cyber-attack over the past year, according to Imperva. This has caused 10% of them to pay a ransom or other extortion-related fee.
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.
Even after the identification of a criminal operation that has been inserting malware into the firmware of the low-cost Android devices, it is still operating in many cellphones.
A hacker who carried out attacks on a string of companies before selling customers’ data on the dark web has been jailed for more than 10 years.