Cryptocurrencies spark cybercrime gold rush

Cybercriminals are increasingly using the dark web to facilitate cryptocurrency theft on a large scale, according to cybersecurity company Carbon Black. The company’s research has uncovered a total of $1.1 billion in cryptocurrency-related thefts during the past six months and finds there are currently an estimated 12,000 dark web marketplaces selling approximately 34,000 offerings related to crypto theft. These vary widely in price, from as low as $1.04, to as high as $1,000 per offering. The average listing price was $224, while the 'sweet spot' for pricing was around $10. The listings are keen to promote the simplicity of using… [Continue Reading]