Threat of Phishing Attacks Increases With Bitcoin Price Hike
Posted in: Legal & Security at 13/12/2017 18:37
A surge in the value of bitcoin has been accompanied by a rise in the risk of phishing attacks against the infrastructure that supports the cryptocurrency ecosystem.
The price of bitcoin has increased sharply in recent weeks and currently stands at about $17,000, up from $12,000 a week ago and $6,000 a month ago. Cybercriminals have seen this increase in value as an opportunity for ill-gotten gains, and experts reported that attackers have targeted bitcoin and other cryptocurrencies at an alarming rate.