Cybercriminals’ interest in Bitcoin has continued to grow alongside the mainstream media’s heavy coverage of the currency and its high rate of adoption by both consumers and businesses. The surge in demand for Bitcoins in the Chinese market led to the currency’s sharp increase in value, as well as making BTC China the largest Bitcoin exchange. While a recent ban by the Chinese government on dealing with third party Bitcoin exchanges has already taken its toll on the currency’s value, we’ve also seen cybercriminals going after the consumers who use Bitcoins. Trusteer’s security team has recently analysed a malware variant that actively targets BTC China and other Bitcoin exchanges.
- Maor, fraud prevention manager, Trusteer
- Cyber Security & e-Crime
- Posted On