Crypto Hackers Have Targeted 20% of Users on Bitcoin Exchanges: Kaspersky
By CCN Markets: 19 percent of survey participants have reported that they had experienced hacking attacks on cryptocurrency exchanges while 15 percent of consumers have become victims of crypto fraud, Kaspersky says.
An excerpt from the cybersecurity firm’s report read:
“Cryptocurrency certainly has its benefits but, as we can see, many consumers are still unaware of what they are due to concerns over security and how the technology works. It is an exciting industry to be involved in but it is one that is built upon trust. It is, therefore, imperative that cryptocurrency businesses do all they can to protect their networks and ensure their customers’ finances are safe and secure.”
An Uncharted Territory
The Moscow-based anti-virus and cybersecurity company concluded in its survey that – despite the growing interest among consumers – only one in ten people fully understand how cryptocurrencies work with 29 percent of the participants stating that they have “some knowledge” of digital currencies.
According to Kaspersky, the lack of knowledge on the consumer side is slowing down the adoption rate of cryptocurrencies, even though celebrities like Johnny Depp and PewDiePie are embracing the technology.
