How Blockchain Increased Cybercrime And Now Fighting Cybercrime

Last Updated on September 9, 2023 by Paganoto

Blockchain Technology in the fight against Cybercrime

Blockchain opens up new ways to combat the rampant threat of cybercrime in a variety of ways, one of which is data storage protection.

How Cryptocurrency Turbocharged the Cybercrime Racket

Ransomware attacks took off in 2020, when victims paid more than $406 million in cryptocurrency to attackers, according to blockchain analysis …

Cybercrimes Use Cases of Blockchain for Cybersecurity

The rapid increase of produced data comes with the high concern over cyber security. But how blockchain can address this problem?

Cryptocurrency: The New Favorite For Cyber Crimes

Cybercriminals are taking advantage of new potential victims due to the rising popularity of cryptocurrency. Between October 2020 and March 2021 …

Can Blockchain Prevent Cybercrime? – Finextra

A fraud prevention system based on a distributed ledger approach with multiple databases working in sync can be deployed to combat fraudulent …

Blockchain & Cyber Security. Let's Discuss – Deloitte

Encrypting data on a blockchain can provide organizations with a level of protection from a data confidentiality and data access control perspective.

Cybercrime predictions for 2022: Deepfakes, cryptocurrencies …

The sophistication and scale of cyberattacks will continue to break records and we can expect a huge increase in the number of ransomware …

The rise of crypto-ransomware in a changing cybercrime …

by LY Connolly · 2019 · Cited by 70 — The findings of the research indicate that responses to crypto-ransomware are made more complex by the nuanced relationship between the technical (malware which …

Crypto becoming the preferred currency of cybercriminals and …

Data from Chainanalysis shows in 2020 more than $1.7 billion in Dark Net cryptocurrency transactions were identified. North Americans sent more …

Cryptocurrency and Cybercrime – Allot CyberHub

While the rise of cryptocurrency facilitates cybercrime in general, it gave a significant boost to the development of novel types of cyberattacks.

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.