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Vulnerabilities / Threats

12/20/2013
08:15 AM
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7 Reasons Why Bitcoin Attacks Will Continue

Cryptographic currency's rising value makes it an appealing target for cybercrime gangs and crimeware toolkit developers

Bitcoins: Currency of the future, or perpetual plaything of Ponzi-schemers and money launderers?

Regardless of your views on the virtual currency or value system, just like dollars -- physical or electronic -- the cryptographic currency can be used for honest and dishonest dealings alike. But by using bitcoins, people expose themselves to additional information security risks. For starters, that's because the skyrocketing value of a bitcoin has driven criminals to hunt for, and exploit, any and every related weakness they can find. Furthermore, when it comes to the infrastructure supporting bitcoins, weaknesses abound.

With that in mind, here are seven reasons why the increasing volume of bitcoin-targeting attacks won't stop.

Read the full article here.

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