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Kaspersky Lab: Cybercriminals refuse BTC

Cybersecurity experts at Kaspersky Lab believe that as the popularity of cryptocurrencies grows, so does user awareness of fraudulent schemes, making life difficult for hackers.

Kaspersky Lab specialists have published a report predicting a decrease in interest in bitcoin (BTC) among cybercriminals. Industry regulation and tracking technologies make it difficult for criminals to safely transact cryptocurrencies. It follows that ransomware will use BTC less frequently.

Analysts noted that cryptocurrency fraud is gaining popularity. However, at the same time, user awareness of fraudulent schemes and ransomware has also grown, making it more difficult for criminals. Fraudsters will continue to use Initial Coin Offerings (ICOs) and Non-Fungible Tokens (NFTs) to scam users, experts say.

Moreover, smart contract hacks will become more frequent and more advanced. Analysts also predict that hackers may move from theft aimed at financial gain to theft of information, such as stealing and selling logins and passwords of political and social figures.

Earlier, the International Criminal Police Organization announced that it intends to pay more attention to combating crimes related to digital assets.

Source: Bits

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