Just like any other industry, the crypto industry is highly vulnerable to cyberattacks in 2020, according to a Check Point Research‘s cybersecurity report.
Cloud Infrastructure a Big Target for Crypto Mining Attacks
In 2019, no organization, regardless of its size, was excepted from cyberattacks. Cybercrime is lucrative and, therefore attractive for unscrupulous individuals. Researchers estimated that for 2018 cybercrime rates generated US$1.5 trillion.
Bitcoin is resilient because of the randomness of the data exchanges within its blockchain, and the use of sturdy encryption. Consequently, the blockchain and the data cannot be duplicated or infiltrated through malware or other malicious technology. Nonetheless, transactions occurring around the blockchain are vulnerable to cyberattacks.
For example, for 2020, the Cyber Security…
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