Within the past several years, cryptocurrency has gone from a niche hobby to a mainstream concern. Cryptocurrencies like Bitcoin, Ethereum, and even Dogecoin have generated widespread interest, particularly as their value has risen. This interest has penetrated well beyond financial speculators and into the public at large.
he rise of these currencies has also generated interest among cybercriminals. Many cryptocurrency exchanges have been compromised over the past several years, with cybercriminals making off with significant sums.
There is a lack of recourse for individuals whose cryptocurrency is stolen, making it a high-value target for would-be attackers. As cryptocurrency becomes increasingly mainstream, owned by a growing number of both businesses and individuals, its value to cybercriminals will continue to grow.