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01/19/2020

Crypto mining malware dominates cyber criminal activity

Cryptopolitan

Crypto mining malware In 2019, despite the price of most assets remaining relatively low, the crime rate stayed quite high. Many high profile criminal activities reared their ugly heads throughout the year including exchange jackings, ransomware threats and of course crypto mining malware attack. Cybercrime has been quite high in recent years. In 2018 alone, cybercrime resulted in a loss of around 1.5 trillion dollars. Regardless, it is a totally different story when it comes to crime within blockchain networks. The encrypted and random nature of data transfer between addresses makes it hard to be targeted. Secondly, the blockchain and its data cannot be cloned or manipulated. Regardless, cyberattacks still pose a threat to these networks.

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