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How the Rise of Cryptocurrencies Fueled Cyber-Criminals
How the Rise of Cryptocurrencies Fueled Cyber-Criminals

Since the start of the year, there has been a fivefold increase in phishing attacks for cryptocurrencies. In 2016, Initial Coin Offerings (ICO’s)- essentially crowdfunding for cryptocurrencies- collected around $240 million. 2017 brought in over $5.5 billion in ICO’s. This exponential increase in value has caught the eyes of all institutional investors, along with inexperienced investors that saw cryptocurrencies as a ‘get rich quick’ opportunity. As history has dictated, any ‘get rich...

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