Crypto Crash Rattles Cybercriminals, Pushing Them Beyond Ransomware

The widespread fall has forced cybercriminals to recalculate their ransoms, security professionals say, and has pushed out of enterprise a few of the companies that handle their unwell-gotten good points, corresponding to dark web crypto-swapping marketplaces. It is also accelerating a preexisting shift towards crimes similar to malware attacks and company phishing scams that concentrate on precise dollars, quite than crypto.

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“We have no appetite for coping with customers, whether taking them on as new purchasers or having an ongoing relationship with individuals, whose most important enterprise is backed by an alternate for cryptocurrencies, or in any other case transacting in cryptocurrencies as their principal exercise,” Friis mentioned during an online shareholder occasion on Wednesday.

7 years ago

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