For those who invest Bitcoin should be vigilant. One of the most popular digital currencies in the world, it is still idol perpetrators of cyber crime around the world.
Anti-Phishing Working Group (APWG), an international set of companies to counter phishing attacks, reported that there had been $ 1.2 billion of cryptocurrency theft last year.
The rising popularity of Bitcoin and accompanied by the circulation of more than 1,500 other digital currencies triggered the high crime in the sector that has not yet had the regulation.
Dave Jevans, Chairman of the APWG, said that of the total nominal is only 20% or it could be lower that successfully handled by law enforcement around the world. According to him, the incision could be worse as a result of the EU decision to start running General Data Protection Regulation (GDPR).
"GDPR will adversely affect Internet security as a whole and at the same time assist cybercriminals By tightening access to information, the new law will prevent investigations of cyber crime, theft of cryptocurrency, phishing, ransomware, malware, fraud and cryptojacking, "he said.
GDPR itself is a rule to simplify and consolidate regulations that companies must follow to keep their data protected as well as to exercise control over personal information belonging to people in the EU region. Implementation of GDPR means that the majority of European data domains will not be published publicly after May 25th.According to Jevans, the data is a key source of information for investigators and law enforcement agencies to anticipate theft, especially in the online world. Data such as names, addresses, and emails are themselves stored in a database called WHOIS.
"So, we'll see all the bad guys go to Europe because they can access the whole world from there and there's no way to get information about them," Jevans said. Not only was the theft action, Bitcoin's name was dragged into a middle case investigated by the United States Department of Justice. Investigations are being conducted by the government agency in the presence of alleged players in the world of digital currency to manipulate the value of Bitcoin and other cryptocurrency,The investigation will investigate the truth of the practice that may affect the price of digital currencies such as the manipulation of orders in the market in large quantities, thus attracting people to transact on related platforms.
Others in the US, another in South Africa. Authorities in the country that had organized the World Cup in 2010 is investigating a scam that deceives investors with a total value of up to USD 80 million. The lure of big profits to be the mode used by these fraudsters. The investigation leads one company called BTC Global which promises its clients to get 2% profit every day, 14% every week, and 50% every month. Service from the company was rumored to have been blocked.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.techdach.com/2018/05/bitcoin-still-remains-favorite-of.html
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit