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Cryptocurrency Theft Surges: Dark Web Malware Activity Up 135% Since 2022, Kaspersky Reports

Cryptocurrency Theft Interest Surges 135% Over Two Years, Kaspersky Reports

  • Cryptocurrency-related criminal activities on the Dark Web increased by 135% between 2022 and 2024.
  • Corporate database sale listings surged 40% from August to November 2024.
  • Malware publications targeting crypto wallets jumped from 55 in 2022 to 129 in 2024.
  • Criminals primarily use drainer malware through fake airdrops, websites, and NFT platforms.
  • Bitcoin‘s 2024 halving event has made cryptocurrencies more attractive to cybercriminals.

A dramatic surge in cryptocurrency-focused cybercrime has emerged, with Kaspersky‘s latest Digital Footprint Intelligence report revealing a 135% increase in Dark Web criminal activities targeting digital asset wallets between 2022 and 2024.

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The Cybersecurity landscape has witnessed an alarming transformation, particularly in the cryptocurrency sector. Corporate database breaches showed a concerning 40% uptick between August and November 2024, indicating a broader pattern of sophisticated cyber attacks targeting sensitive business information.

The proliferation of malware specifically designed to compromise cryptocurrency wallets has more than doubled, with documented cases rising from 55 in 2022 to 129 in 2024. These malicious programs, known as "drainers," are increasingly being traded on clandestine marketplaces.

"The great valorization of Bitcoin in 2024, with the event of the halving has made cryptocurrencies an attractive target of criminals," explains Fabio Assolini, director of Kaspersky’s global research and analysis team for Latin America. Criminals are exploiting various attack vectors, including fake token airdrops (free cryptocurrency distributions), fraudulent websites, malicious browser extensions, and deceptive NFT platforms.

Supply chain vulnerabilities have emerged as a significant concern, with cybersecurity experts noting increased activity in Dark Web forums trading corporate databases. These attacks represent a sophisticated evolution in cybercrime, targeting both individual investors and institutional players in the cryptocurrency ecosystem.

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To combat these threats, cybersecurity experts recommend implementing robust monitoring systems to track criminal communications channels and protect corporate assets. This proactive approach has become crucial as cryptocurrency markets continue to mature and attract more sophisticated criminal enterprises.

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