With more people looking to cash in on hype surrounding the cryptocurrency market than ever before and an increasing digital workforce which may lack awareness of network security set-ups, cybercriminal activity remains rampant. Bitcoin’s enduring popularity and peak valuation in 2021 has only encouraged heists on crypto exchanges, the use of cryptomining malware, cryptocurrency-related scams, and malware targeting cryptocurrency wallets. From fans of the K-Pop band BTS being tricked into following crypto-related Twitter handles to fake initial coin offerings (ICOs), the popularity of cryptocurrency provides scammers with many opportunities.
