New Research Says Crypto-Theft Now a Million Dollar Economy
In its new report called “Cryptocurrency Gold Rush in the Dark Web”, cybersecurity company Carbon Black said that the market for malware for stealing cryptocurrency is rapidly growing.
They estimated that approximately $1.1 billion in cryptocurrency had been stolen in six months alone, and there are around 34,000 products and services available online, mostly in the dark web, for stealing cryptocurrency. The price can range from a dollar to around $250, which puts the average cost of an app at around $10.
The researchers also said that cryptojackers such as GhostMiner and Loapi seem to be the malware of choice for most cybercriminals.