RATE Group | Russia, China and the USA are Top Targets for Cryptocurrency Hackers
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Russia, China and the USA are Top Targets for Cryptocurrency Hackers

04 Aug Russia, China and the USA are Top Targets for Cryptocurrency Hackers

Posted at 00:30h in Cryptocurrency News by

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The number of compromised accounts increased almost 5-fold in 2017 and the trend is set to continue.

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The USA, Russia, and China top the list of countries where users of cryptocurrency exchanges were affected by cyber attacks. The news comes from the latest paper prepared by Group-IB, a company engaged in cyber-crime investigation and prevention. Their research is based on historical data regarding cyber attacks on the 19 largest cryptocurrency exchanges in 2016 and 2017.

Meanwhile, January 2018  saw the record amount of incidents, which rose by 700% as compared with the monthly average of 2017.

“In 2017 the number of compromised accounts on cryptocurrency exchanges websites increased by 369% in comparison with 2016. Because of the fuss about cryptocurrencies the number of incidents in January 2018 skyrocketed by 689% against the monthly average of 2017,”

the researchers explain.

“The USA, Russia, and China are TOP-3 countries in which registered users became the…

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