RATE Group | USA, Russia and China to be the main targets for cryptocurrency hackers
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USA, Russia and China to be the main targets for cryptocurrency hackers

04 Aug USA, Russia and China to be the main targets for cryptocurrency hackers

Posted at 18:48h in Cryptocurrency News by

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A recent investigation conducted by Group-IB, an international firm dedicated to investigate and prevent sophisticated crimes and online fraud, revealed that the USA, Russia and China are going to be the main targets for crypto hackers. The firm released their findings in a report titled “2018 Cryptocurrency Exchanges-User Accounts Leaks Analysis” that mainly analyzed user account leaks. The research mainly aims at providing recommendations for ensuring the security of users and exchanges.

The researchers observed that there was an increased number of compromised accounts in 2017 when compared to the year 2016. Moreover, they observed that the number of incidents further hit the roof in January 2018, with an increase of 689% against the monthly average count of 2017. This was due to all the excitement about cryptocurrencies, stated researchers.

Therefore, the experts of  Group-IB concluded that the industry is not ready to defend its users and fight…

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