Barracuda Networks: the number of cyberattacks to steal BTC increased by 192% – Bits Media

According to cybersecurity firm Barracuda Networks, between October 2020 years to May 2021 years number of cyberattacks, aimed at stealing bitcoin, increased by 192%.

Barracuda Networks analysts reported, that the most common attacks were phishing and extortion of cryptocurrencies, as well as the emergence of fake trading applications. Often scammers send to the victims emails allegedly on behalf of well -known companies, Preshing themselves as their employees.

Since October 2020 years to May 2021 year, the number of cryptocurrency fraud using these tactics has increased by 192%. According to the technical director of Barracuda Networks Fleming Shi (Fleming Shi), Earlier, attackers submitted themselves as financial institutions, To get bank data of users. In recent months, they began to use similar actions for the theft of bitcoin.

Such a surge of fraud in the cryptocurrency industry is closely related to the growth of the bitcoin course, which for the indicated period has grown almost on 400%.  The Bull Market began against the backdrop of the interest of institutional investors in bitcoin, when Microstrategy began to invest in bitcoin and continues to do this so, Despite the correction. Along with the growth of interest in bitcoin and cryptocurrency trading, Attackers also began to actively “wield” in this industry.

Barracuda experts called users to be careful and not to move on suspicious links. Besides, it makes sense to create backups of data, which can also help protect crypto assets from hackers.

The Barracuda Networks report followed after a loud attack using the Mount Program on the operator of the American fuel system Colonial Pipeline. The hacker attack caused a failure in her work, which led to fuel deficiency. The company was forced to pay hackers $5 million in cryptocurrency, which is difficult to track.

The US Congress fears, that the company's decision to pay for criminals created a precedent, who will “untie the hands” of the hackers even more. In the future, they can aim at more important infrastructures. After a number of other similar incidents, The US Department of Justice has announced, that the investigation of cyber attacks will be given the same priority, that terrorism.