Crypto Crime Keeping Pace with Crypto Rise

in cryptocurrency •  7 years ago 

 The rising value of cryptocurrencies is likely to push up corporate ransom and extortion demands, a UK cyber security company warns. With Bitcoin reaching over $6,000 this week and other more anonymous coins also jumping in value, it is becoming more lucrative for criminals.There have been highly publicized cases where cybercriminals and hackers have taken corporations hostage with their ransom demanded in cryptocurrencies. Now, there is an even bigger incentive to make high demands as the payoffs are much larger. 

Source: https://cointelegraph.com/news/crypto-crime-keeping-pace-with-crypto-rise

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

nice one bro

Thanks @sun1