Rising Crypto Adoption in SMEs Is a Growing Cyber Threat

More than one-third of U.S. SMEs accepts cryptocurrency as payment for goods and services. That’s great for crypto adoption but doesn’t come without a cost.

One-Third of US SMEs Accepts Crypto Payments
Last month, Bitcoinist reported that more than one-third (36%) of U.S. small and medium-sized businesses now accept crypto payments. A further 59% of those businesses also buy digital currency for their own use.
That’s pretty huge when you consider crypto adoption. With around 30 million registered SMEs in the U.S., more than 10 million companies are transacting in crypto to some degree in the United States alone.
However, while it’s good news for the cryptocurrency industry, according to HSB, part of the reinsurance giant Munich Re, it represents a major cybersecurity risk.
With Rising Crypto Adoption Comes Greater Risk

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